Chief Minister Mr N Chandrababu Naidu has said the state government is ready to establish international arbitration centre in Visakhapatnam with the support of judiciary.

Participating as distinguished guest at the International Mediation conference organised by Asian Centre for International Arbitration and Mediation the Chief Minister stressed the need to develop a mechanism to reduce disputes through Alternative Dispute Resolving systems using technology to support the economic growth of India.

Citing Lord Krishna as the best mediator, the Chief Minister said that mediation for dispute resolving is not new and it is an age-old practice in villages, where village elders used to resolve disputes through mediation.

The Chief Minister stressed the need for developing biggest ADR centre in Visakhapatnam better than Singapore. Singapore mediation and Arbitration centre is stated to be best mediation centre globally.

Mr Naidu explained the scope of Visakhapatnam emerging as global technology hub with data centre to be set up by Google within one or two years. He said the state government developing Quantum computing centre in Amaravati and at the same time developing space city, drone city.

The CM informed that the state government has been providing 700 services through whatsapp using technology and real time data. Also addressing the gathering National Law Institute Bhopal Vice-chancellor Prof S Suryaprakash called for an international school of maritime law in Visakhapatnam.

AP High Court Chief Justice Mr Dheeraj Singh Thakur said training is being given to 1400 mediators and 800 more will be trained by December. He said Integrity & Honesty play key role in mediation & arbitration.