The international dispute is any disagreement between a claim or a request between two or more international persons. To resolve any dispute, appropriate means should be used, and that appropriate means will depend on the type of dispute and the wishes of the parties. Funds whose application results in the passing of a binding decision and those resources whose application does not result in a binding decision are different. Negotiations, mediation, investigation and conciliation are the means of peaceful resolution of disputes whose scope is limited to finding a compromise solution or finding facts relevant to the dispute that are not binding on the parties. Among the funds for the peaceful resolution of international disputes whose solution has a binding effect, we include equalization, arbitration, and settlement of disputes before international courts. Arbitration is a means of peaceful resolution of international disputes resulting in the passing of a binding and final award that has the significance of the verdict. Many parties decide for arbitration because the arbitration process is faster and more flexible, they can name arbiters and can negotiate the secrecy of the proceedings.