International commercial arbitration (ICA) has become the leading means of
dispute resolution in international trade throughout the world. It allows
parties to an international contract to avoid turning their dispute to the
national court of one of the parties; to have the dispute resolved by the
arbitrators of their mutual choice, specialists in a particular area of law
or business; to chose a place of arbitration, language, applicable
procedural rules, etc., as well as the law governing the contract; and
finally, thanks to the 1958 New York Convention on Recognition and
Enforcement of Foreign Arbitral Awards, to have the arbitral award
enforceable in more than 130 countries of the world.
During the last 10 years, Russian companies and entrepreneurs have become
increasingly involved in ICA both in Russia and in other countries of the
world. The International Commercial Arbitration Court at the Chamber of
Commerce and Industry of the Russian Federation (ICAC) conducts more the
500 international arbitrations a year.
Researching the applicable laws, rules, procedures and decisions on ICA in
Russia is difficult, particularly for foreign specialists, as most Russian
materials have never been translated to English or is difficult to obtain.
RUSSUS is designed to provide access, both in English and Russian, to the
laws, judicial and arbitral decisions and other important information
related to ICA in Russia.
All English translations of the documents on this website are unofficial.