Special Correspondent

CHENNAI: India has the potential to become the destination for global arbitration, and the Centre must work to make this happen, said E.M. Sudarsana Natchiappan, Chairman of the Parliamentary Standing Committee on Personnel, Public Grievance, Law and Justice.

Mr. Natchiappan visited the Nani Palkhivala Arbitration Centre here on Friday and said private initiatives in arbitration were making a mark.

It would make an international grade owing to the availability of excellent infrastructure, renowned jurists and legal practitioners, he said.

The Committee recommended an amendment to the Arbitration Act to enable the Government to recognise arbitration centres of international excellence, he said.