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3. Duty of Good Faith
Unlike NGFA arbitrators, international arbitrators frequently rely on considerations of good faith in resolving contract disputes. International arbitral tribunals are very willing to apply the good faith requirements of national laws and to find that a contracting party has not acted in good faith.[224] Moreover, international arbitrators frequently state that parties to international contracts must act in good faith regardless of whether national law imposes such a requirement.[225] Indeed, a number of commentators have identified a duty of good faith as one of the general principles of international trade law developed in international arbitration proceedings.[226]
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