INTERNATIONAL COMMERCIAL ARBITRATION
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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.

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