The Commodity Dispute Resolution course is the final course in the GPD series and covers all aspects of dispute mitigation and management in the sector. Students will study the principles behind, and process of, Gafta Arbitration, as well as explore risk mitigation and the law of damages.
The course is part of the Gafta Professional Development (GPD) programme, which enables trade professionals to advance their career in the industry by taking the Trade Diploma, or for those going on to become Gafta arbitrators via the Arbitrator Diploma. It is recommended (but not compulsory) that the Trade Foundation Course is attended before other training courses.
Topics include:
- Key contract terms
- What happens in exceptional circumstances
- Default and damages
- Mediation and arbitration
- Preparing submissions
- Arbitration awards and enforcement
This course is aimed at trade professionals who:
- Are experienced in the trade but need detailed knowledge of the principles and processes of dispute resolution
- Want to work towards becoming Gafta arbitrators
- Have a good understanding of the trade but want to mitigate their risks if disputes arise
Course Exams
- At the end of each GPD course is an exam, which students have up to 1 hour to complete.
- The exam is a mixture of multiple choice and free-text questions. There are no essays required within the exam. It is open book, so students can use all their notes and course materials to help them complete it.
- Should a student fail, they will get 1 chance to retake, which can be done online. Retakes must be completed within 5 days of the link being issued. Failure to pass the retake means that the student has failed the course and is advised to re-book onto the next date.
Certificates
Candidates who pass the exam will gain a certificate for the course. There are no certificates of participation/attendance for GPD courses, only for students who pass the exam.
Sample agenda
Day 1 | 0900 – 1700 | 1700 - 1830 Includes: Networking lunch and drinks |
Day 2 | 0900 – 1700 Includes: Networking lunch |