The International Commercial Arbitration Committee, the former body of JCAA, was established in 1950 within the Japan Chamber of Commerce and Industry, with the support of six other business organizations including the Japan Federation of Economic Organizations, the Japan Foreign Trade Council and the Federation of Banking Associations of Japan, to serve as an organization to settle commercial disputes and promote international trade, thereby contributing to the development of the Japanese economy. As the only permanent commercial arbitral institution in Japan, JCAA contributes to the resolution of disputes arising from international and domestic business transactions. Having fairly resolved various commercial disputes, we have acquired high credibility among many corporations and other institutions around the world.