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When formalizing a cross-border deal, prioritize international arbitration and dispute resolution to mitigate future disputes and demonstrate commitment. Key elements to consider include: incorporating alternative dispute resolution (ADR) mechanisms; utilizing executive negotiation or mediation for early dispute resolution; choosing between institutional arbitration and ad hoc approaches, with institutional rules enhancing case administration and award enforceability; specifying arbitrators carefully; determining the arbitration's location, which dictates the governing national law; and establishing the arbitration language to ensure clear communication. When drafting clauses, agree on as many procedural details, including permissible discovery, as possible.