Ministry of Justice Resolves 7,700 Commercial Disputes through Taradhi Conciliation Platform in 2023
The Ministry of Justice in the Kingdom has reportedly resolved a total of 7,700 commercial disputes through the Taradhi conciliation platform by the close of 2023.
This achievement aligns with the objectives of the National Transformation Program and Vision 2030, which aim to streamline and boost the effectiveness of dispute resolution procedures.
The Taradhi platform, which can be accessed online, offers a convenient, remote setting where parties can amicably settle their disputes with the assistance of certified conciliators.
The platform's design is intended to enhance the investment climate in the country by establishing a legal framework that guarantees the legitimacy and enforceability of conciliation agreements.
These agreements hold legal weight and can be enforced without resorting to litigation if the involved parties fail to comply.