Regional commercial arbitration council for SAARC countries: A critique

South Asian Association for Regional Cooperation (SAARC) was established in the year 1985 by the seven South-Asian countries with the objective to promote welfare in the region; to accelerate economic growth; and to promote active collaboration and mutual assistance in the economic, social, cultural, scientific and technical fields. Since its inception, the SAARC has achieved many goals through the mutual cooperation. In the recent decades, there is also increase in cross-border trade and investment between the regional countries which are resulting in the economic growth and sometimes disputes as well between the parties during the course of trade and business. As there are not always political solutions to the things; there are other technical methods present to resolve the problems and disputes arising on the trade, commerce and at other various levels. In the present paper, the author will firstly discuss the arbitration and commercial arbitration as means of dispute resolution; secondly will discuss the arbitration in India; thirdly will discuss the arbitration in other SAARC Countries; fourthly will discuss the SAARC Arbitration Council; and fifthly will discuss the idea of SAARC Regional Commercial Arbitration Council.