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Russian International Commercial Arbitration

作者:admin 发布时间:2020-08-09 15:33:43点击:72

Russian International Commercial Arbitration (VIAC) is an international commercial arbitration institution in the Russian Federation. It was founded in 1992 and is headquartered in St. Petersburg, Russia. VIAC is committed to resolving international commercial disputes through arbitration and providing domestic and foreign parties with an effective, efficient and independent dispute resolution mechanism. VIAC's arbitration rules are based on international arbitration practice and are consistent with the rules of other major arbitration institutions in the field of international commercial arbitration. It provides a neutral and independent arbitration process to resolve all kinds of commercial disputes, including international trade, investment and contract disputes. VIAC's arbitral tribunal is composed of arbitrators with professional knowledge and experience in international commercial law. When conducting arbitration in VIAC, the parties may choose to use VIAC's arbitration rules and accept its arbitration jurisdiction in accordance with relevant agreements or consensus. VIAC's arbitration procedures usually include steps such as submitting an arbitration request, appointing an arbitral tribunal, hearing the dispute, and issuing an arbitral award. Arbitral awards are legally binding and are recognized and enforced internationally. VIAC enjoys a reputation in the field of international commercial arbitration and provides parties with a fast, efficient and confidential dispute resolution mechanism. Its existence provides the business community of Russia and other countries with a reliable option for resolving cross-border business disputes.

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