PRACTICE NOTES
Introduction to Gafta 125
The Grain and Feed Trade Association (Gafta) is a global body bringing together traders, brokers, superintendents, analysts, fumigators, arbitrators and other specialists across the international grain market. Its arbitration secretariat, based at the association’s London headquarters, oversees the conduct of arbitrations. Gafta issues a suite of standard form contracts, each containing an arbitration clause directing any disputes to be resolved under the Gafta rules. The preamble to Gafta 125 confirms that all disputes arising from contracts or agreements incorporating those rules must be referred exclusively to Gafta.
This Practice Note explains how to start an arbitration under the Gafta Arbitration Rules No. 125 (Gafta 125). Unless stated otherwise, references to the ‘Rules’ in this Practice Note mean the Gafta 125 rules, which apply to contracts dated from 1 March 2022. For additional background on Gafta and comparable trade bodies, see
Arbitration