As an international arbitration practitioner, one of the initial inquiries we make when discussing the choice of arbitration seat with clients is whether the prospective jurisdiction has adopted the UNCITRAL Model Law. This question holds significant importance. We are only about 45 minutes into this conference, and we have heard extensive discussion of the Model Law already, and I think that is for a good reason. The Model Law really does reflect the state of the art in international arbitration practice as Christina Pak alluded to earlier. When a country adopts a version of the UNCITRAL Model Law as its own national arbitration law, it sends an immediate signal to investors and members of the business community that the law is a good and reliable law, i.e., the type of law that one needs to help to develop that jurisdiction as a strong seat of arbitration and facilitate the attraction of foreign investment and trade. In the instance of Uzbekistan, when practitioners in Uzbekistan and in the region and internationally ask whether the country has an arbitration law based on the UNCITRAL Model Law, of course, the answer to that question now is “yes”.
В современном мире, в условиях быстро развивающейся глобализации экономики, развития межхозяйственных, межгосударственных связей и унификации законодательства на региональном и международном уровнях, международный коммерческий арбитраж как альтернативная внесудебная форма разрешения коммерческих споров приобретает все большее значение, являясь одним из основных элементов рыночных отношений, как на национальном, так и на международном уровнях.
Бугунги кунда инвестициявий арбитраж соҳасида тенденциявий тусга эга бўлаётган феномен бу – учинчи томоннинг арбитраж ишларини молиялаштиришидир (Third Party Funding). Бунда арбитраж трибуналининг якуний қарори даъвогар фойдасига чиқарилса, келиб тушадиган маблағларнинг маълум қисми айнан учинчи томон ҳиссаси бўлиб қолиши амалиётда кўп кузатилади. Масалан, учинчи томон сифатида молиялаштиришга ихтисослашган компания, даъвогар-инвестор билан келишув асосида арбитраж жараёни билан боғлиқ харажатларнинг ҳаммасини ёки бир қисмини қоплаш мажбуриятини олади. Бунинг эвазига, ҳомийлар тўғридан-тўғри харажатлари учун компенсация ва/ёки даъвогарга берилган сумманинг бир қисмини оладилар.
Specifically, today, I’ll provide an overview of key considerations that potential claimants may consider prior to bringing an arbitration claim, whether in commercial or investment arbitration. I’m going to through each of these seven key considerations in detail: jurisdiction, merits, qualitative considerations, duration, costs, quantum, and recovery.
Таъкидлаш жоизки, низоларни ҳал этишнинг муқобил усулларидан кенг фойдаланиш учун зарур ташкилий-ҳуқуқий шарт-шароитларни яратиш Ўзбекистоннинг кейинги беш йилликда ҳам устувор вазифаларидан бири бўлиб қолмоқда 1 . [1 2022 – 2026 йилларга мўлжалланган янги Ўзбекистоннинг тараққиёт стратегияси II боб, 15-мақсад, https://lex.uz/docs/5841063] Маълумки Халқаро тижорат арбитражи халқаро тижорат фаолияти соҳасида вужудга келувчи чет эл элементи билан мураккаблашган хусусий ҳуқуқий низоларни нодавлат тизимида кўриб чиқувчи механизм ҳисобланади. Ушбу механизм низоларни ҳал этишнинг муқобил усуллари бўлиб, фуқаролар,тадбиркорлар, хорижий инвестор ва Ўзбекистон билан савдо иқтисодий ҳамкорликка киришувчи шахслар учун вужудга келиши мумкин бўлган низоларни ўзларига қулай усулда ҳал этиш имкониятини яратади.
As an Uzbek lawyer practicing international arbitration in Switzerland, I have been closely monitoring the recent developments in Switzerland’s arbitration landscape. Today, I am delighted to share my observations and insights on these changes with you.
The 2021 has been a turning point for the Swiss arbitration community because of two major developments: the revised Swiss arbitration law entered into force in January 2021 and the revised Swiss Rules of arbitration entered into force in June 2021.
Принятие закона Республики Узбекистан «О международном коммерческом арбитраже» явилось исторически значимым шагом в развитии альтернативных методов разрешения споров, что дает большие возможности бизнес сообществу Узбекистана эффективно разрешать свои частноправовые споры без обращения в государственные суды. Развитие международного коммерческого арбитража в Республике Узбекистан во многом будет зависеть от хорошо налаженных организационно-правовых механизмов функционирования международных коммерческих арбитражных судов.
На сегодняшнии день арбитражная оговорка, связанная с определением порядка рассмотрения споров уполномоченным органом, играет важную роль во внешнеэкономических сделках. В свою очередь, в процессе заключения внешнеэкономических сделок стороны не всегда могут предвидеть все возможные ситуации и соответственно отразить все условия в контракте или не согласовать некоторые из них, а именно арбитражную оговорку и применимое право.
The article analyses some basic issues of online or digital dispute resolution. The author shows genesis of the digital dispute resolution and states the online dispute resolution systems, their development, and practice. The author comes to the opinion that in CIS and Central Asia, in particular, in Uzbekistan, there are no national or regional ODR systems based on modern technologies including AI. In this regard, it is suggested that Uzbekistan should work on the implementation of such systems and become the first in the region by providing the best ODR services.
Since its formation under the auspices of the International Olympic Committee, the Court of Arbitration for Sport (CAS) has had to contend with allegations about its impartiality and independence. Some scholars believe that the CAS still lacks independence and impartiality considering the appeals sent to the Swiss Federal Tribunal by athletes, and also its funding which comes from international sports federations. This article seeks to shed light on several issues concerning the CAS’s independence from the sports governing bodies and the International Olympic Committee, as well as the impartiality of its appointed arbitrators when resolving sports related disputes between players and clubs.
The article analyses arbitration as a means of resolving international disputes. The author states that the development of arbitration in the world created strong international and regional arbitral institutions that allow parties to choose a forum according to their needs and resolve disputes in the way, which suits them more. In conclusion, the author comes to the opinion that nation-states must further remove obstacles to international arbitration by, inter alia, joining various international treaties and ensuring that effective mechanisms exist to enforce international arbitral awards to improve the investment climate.
The text provides a comprehensive analysis of the role and evolution of international commercial arbitration as a method of alternative dispute resolution. It emphasizes the growing preference for arbitration in international commerce due to its speed, confidentiality, and perceived fairness. The text also highlights the efforts made by the Republic of Uzbekistan to develop its arbitration infrastructure, including its adherence to international conventions and the establishment of the Tashkent International Arbitration Center. The article further delves into the legal intricacies of arbitration agreements, discussing their validity, enforceability, and the formal requirements they must meet. It concludes by noting the ongoing changes in international standards and laws governing arbitration, suggesting that these are in response to the changing needs of the global market.
In the article, the author examines the issues of legal regulation and resolution of labor disputes, including those of an international nature, and arising within the framework of the international division of labor. The author analyzes foreign experience and mechanisms for resolving labor disputes and draws conclusions about the possible implementation of foreign experience.
In the article, based on the provisions of the Law of the Republic of Uzbekistan “On International Commercial Arbitration”, the legal nature of International Commercial Arbitration is considered, the prerequisites for the creation of International Commercial Arbitration in the Republic of Uzbekistan are determined. It determines which disputes can be referred to International Commercial Arbitration, as well as the conditions under which arbitration has the status of international. The norms of the New York Convention “On the Recognition and Enforcement of Foreign Arbitral Awards” of 1958, the European Convention “On International Commercial Arbitration” of 1961 are analyzed. The features of international commercial arbitration as one of the popular methods of resolving international commercial disputes are named.
The article delves into the complexities of determining the applicable law in international arbitration agreements. It discusses the growing role of arbitration in international trade and highlights the challenges of identifying governing laws, especially when parties have not specified them. The article also explores common law and civil law approaches to this issue and mentions Uzbekistan’s recent legislative efforts to become an arbitration-friendly jurisdiction. The text is particularly relevant for legal professionals and scholars interested in international arbitration and its evolving legal frameworks.
This article discusses the general definition of evidence in international commercial arbitration and the criteria for admission and evaluation of evidence. Information about the procedures for providing evidence is also briefly presented. Suggestions and recommendations on existing problems are provided.
The article includes an analysis of the theoretical and practical features of the pathological arbitration agreement in foreign economic transactions. The importance of the pathology of arbitration agreements in foreign economic activity, the order of settlement in international practice, and the recommendations developed in the study.
The article examines the popularity of international commercial
arbitration as a means of resolving disputes in the field of intellectual property. The
author discusses historical and theoretical aspects, as well as topical problems in
this area. The categories of disputes and the role of arbitration in resolving such
conflicts are highlighted.
The author considers the concept of artificial intelligence in this article. In addition, the issues of implementing of artificial intelligence in international arbitration have been analyzed. Besides, the author considers the aspects of using of big data in international arbitration. In conclusion, the author compares the advantages as well as the negative features of artificial arbitrators.
The article examines the transformation of international commercial arbitration under the influence of digitalization and new technologies
such as artificial intelligence and blockchain. The focus is on changes in arbitration procedures and the opportunities that these technologies provide to improve the efficiency and quality of dispute resolution. The article also touches upon the issues of legal adaptation and regulation, including the Uzbek national strategy in this
area. Particular attention is paid to issues of identity and anonymity in the digital environment, which can have significant implications for arbitration procedures. Empirical research confirms the relevance of these changes, especially in the context of the COVID-19 pandemic, which has become a catalyst for the accelerated adoption of digital technologies in arbitration.
The article examines the impact of technological innovations on data processing in international commercial arbitration. The focus is on two aspects: the opportunities that technology provides to improve the efficiency and quality of arbitration procedures, and the threats associated with cybersecurity and data privacy. The authors analyze how modern technologies can facilitate the collection, analysis and exchange of information in the course of proceedings, but
also highlight the risks associated with the storage and transmission of confidential
information in digital form. The article calls for greater regulation and enforcement of privacy and data protection laws in the context of international arbitration.
Ушбу мақолада инвестиция низоларини ҳал қилиш ва уни ҳуқуқий тартибга солиш билан боғлиқ масалалар муҳокама қилинган. Тошкент халқаро арбитраж маркази фаолиятига оид масалаларга тўхталиб ўтилган.
The article discusses the digitization of alternative methods of international commercial dispute resolution, including the implementation of
online and electronic arbitration systems in Uzbekistan, the creation of their legal framework, and the recognition and enforcement of such arbitration awards.
The article contains an analysis of the theoretical and practical features of the principle of autonomy of arbitration agreement in foreign economic transactions. The article highlights the importance of the existence of an arbitration clause in foreign economic agreements, the nature of the arbitration clause in foreign economic transactions in international and national law, and the current problem of the independence of the arbitration clause from the contract.
The article provides a comprehensive scientific overview of the formation of existing socio-political institutions in each traditional society and their impact on the specific features, directions and interaction of the formation of the institution of arbitration with modernity, and makes a number of suggestions and recommendations.