The Revised Vienna Rules.

The article discusses centralization of arbitration. The Vienna Rules 2006 became the center for international arbitration in the central and Eastern Europe region. Since then the workload for International Arbitral Center in Vienna increased. In the revised law, Austrian procedural law has been eliminated for the benefit of international user. Centralization would increase the speed, procedural efficiency. The Austrian Arbitration 2014 along with Vienna Rules 2013 would be a better framework.