Central Asia

CEE, Central Asia, Enforcement, Paris Arbitration Week, Russia, Sanctions, Third party funding

(Addleshaw Goddard LLP)/ /Leave a comment

The eighth edition of the Paris Arbitration Week (“PAW”) started this Monday with Addleshaw Goddard hosting a roundtable event on “The Evolution of Arbitration in the Central Eastern Europe and Central Asia Regions: A Roadmap for the Future”. The discussion included experts from various background: Sébastien Jean (Associate Director of the Geoeconomics and Geofinance Initiative,…

Central Asia, TIAC, Uncategorized, Uzbekistan

, / /Leave a comment

The third edition of the annual Uzbek Arbitration Week (UzAW 2023), held in Tashkent, Uzbekistan between 10-15 September 2023, continued its mission to establish Uzbekistan as the preferred seat for arbitral proceedings in the CIS region and beyond. The flagship conference “Putting Uzbekistan on Global Arbitration Map” organized by the Chamber of Commerce and Industry…

Central Asia, Investment agreements, Investment Arbitration, Investment law, Uzbekistan

(Law Offices of Kiran N Gore PLLC; The George Washington University Law School), (Dentons US LLP), and / /Leave a comment

The Tashkent Law Spring Forum (“Forum”), organized by the Ministry of Justice of Uzbekistan, is an important symbol of Uzbekistan’s efforts to establish itself as an open economy and an important player in global and regional markets. The inaugural forum was held in 2019 and attracted more than 1,200 participants and speakers from all over…

Central Asia, Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, Uzbekistan

(Dentons US), (Law Offices of Kiran N Gore PLLC; The George Washington University Law School), and (Dentons US LLP)/ /Leave a comment

On the eve of this year’s Tashkent Law Spring Forum, ICC YAAF, together with My Lawyer Law Firm and Dentons LLP, coordinated an event hosted by the Tashkent office of Dentons on Arbitration Developments in Uzbekistan and other Central Asian States.  The event featured  insights by practitioners and stakeholders on the Central Asian market for…

Arbitration, Central Asia, Investment Arbitration, Kazakhstan, Kyrgyzstan, Turkmenistan, Uzbekistan

, (George Washington University Law School)/ /Leave a comment

In recent years, international investment law and the investor-state dispute settlement (‘ISDS’) system have arguably reached their melting point, with an increasing number of participants having diverging interests and perspectives. Many of these issues have come to the surface through the discussions ongoing at UNCITRAL Working Group III. In this context, the experiences of the…

Central Asia, Challenge of Arbitral Award, Court Assistance, Interim measures, Recognition and enforcement of arbitral award, Suspension of Proceedings, Termination, Uzbekistan

(PraeLegal Uzbekistan)/ /Leave a comment

Uzbekistan has updated certain legislative acts in connection with the recent adoption of the Law “On International Commercial Arbitration” (No. O’RQ-674) in 2021 (as previously covered in this blog). On May 16, 2022, the President of Uzbekistan signed a new law “On amendments and additions to certain legislative acts of the Republic of Uzbekistan in…

Arbitration Act, Central Asia, UNCITRAL Model Law, Uzbekistan

(Al Tamimi & Company), (SHERLAW), and (Galadari Advocates & Legal Consultants)/ /Leave a comment

Since 2016, the Government of the Republic of Uzbekistan has been implementing significant political, legislative, judicial, economic, and social reforms with the aim of developing the country, enhancing its investment climate, and improving the lives of its citizens at a much more rapid pace than before.1)The authors were the lead international arbitration experts and resources…

Arbitration institution, Belt Road Initiative, Central Asia, Interview, Interviews with Our Editors, Technology, Uzbekistan

(Law Offices of Kiran N Gore PLLC; The George Washington University Law School) and / /Leave a comment

Ms. Bayzakova, thank you for joining us on the Kluwer Arbitration Blog!  We are grateful to have the opportunity to learn more about the Tashkent International Arbitration Centre (TIAC), one of the youngest arbitration institutions, having launched in November 2018, when the President of Uzbekistan signed the Resolution contemplating its establishment under the Chamber of…

Arbitrability, Armenia, Central Asia, Jurisdiction of the arbitral tribunal

(Office of the Ombudsman for United Nations Funds and Programmes )/ /Leave a comment

More than four years have passed since the Armenian Cassation Court—the highest court in Armenia—held in its EKD/1910/02/13 (2014) decision (“Cassation Court Decision”) that only state courts may exercise jurisdiction over the issue of contract invalidity (see previous post). To recall, the Cassation Court reasoned that civil rights could be protected through judicial, administrative or…

Astana International Financial Centre, Central Asia, Kazakhstan, Kazakhstan Law on Arbitration, Kyrgyzstan, Tajikistan, Turkmenistan, Uzbekistan

(Squire Patton Boggs)/ /Leave a comment

Kazakhstan has been making concerted efforts to increase foreign investment and to reduce its dependency on extractive industries which have long dominated production. In 2015, when it was ranked 77th out of 190 countries for doing business, the then President introduced a “100 Concrete Steps” Plan to make the country one of the top 30…

Belt Road Initiative, Central Asia, China, Investment Arbitration

(The George Washington University Law School)/ /1 Comment

Background Since its announcement in 2013, China has invested more than US $120 billion into the target countries along the Belt and Road Initiative (“BRI”) on infrastructure projects ranging from ports and railroads to pipelines. Central Asia will become part of nearly the entire major trade corridor identified under the BRI. Hence the BRI presents…

Central Asia, Enforcement, ICCA, Kyrgyzstan, Set aside an arbitral award

(Oon & Bazul LLP)/ /Leave a comment

Although Central Asia has geostrategic importance in Asia, the Middle East, and Europe as the heart of the ‘Silk Road’, the Kyrgyz Republic in Central Asia1)Central Asia consists of 5 countries (Kazakhstan, Kyrgyzstan, Uzbekistan, Tajikistan, and Turkmenistan) and Kyrgyzstan is a landlocked nation bordered by China, Kazakhstan, Uzbekistan and Tajikistan. has remained relatively unknown, especially…

Belt Road Initiative, Central Asia, Investment, Uzbekistan

(Law Offices of Kiran N Gore PLLC; The George Washington University Law School)/ /Leave a comment

Introduction According to UNESCO, the first caravans aiming to connect East (China) with West (Central Asia) were dispatched in 138 AD, leading eventually to the formulation of what we know today as the Great Silk Road.  The Uzbek corridor, consisting of Bukhara, Tashkent, and Samarkand, provided key routes for trade and also served as a…

Central Asia, Damages, Investment Arbitration, Investor-State arbitration, Kazakhstan, Kyrgyzstan, quantum, Tajikistan, Uzbekistan

(Berkeley Research Group)/ /Leave a comment

Despite the variety of investment treaty disputes involving assets in the Post-Soviet jurisdictions in Central Asia, assessment of damages in each particular case is often heavily debated by the parties, experts and tribunals. In many instances, selecting an appropriate valuation method is the cornerstone of the tribunal’s decision-making on damages. This article provides an overview…

Central Asia, Kyrgyzstan

and (American University of Central Asia)/ /Leave a comment

Arbitration in Kyrgyzstan Historically, arbitration in the Kyrgyz Republic is one of the least studied in Central Asia. Not much attention has been paid to the study of the law and practice of arbitration in the country. One of the recent books on the Law and Practice of International Arbitration in the CIS Region wholly…

2018 In Review, Astana International Financial Centre, Central Asia, China, Commercial Courts, Enforcement, HK Arbitration Week, HKIAC, HKIAC Rules, Mediation, Singapore, Singapore Mediation Convention, Third party funding

(Simmons & Simmons)/ /Leave a comment

As the end of the Year of the Dog approaches, we look back at five noteworthy developments in the arbitration world in PR China, Hong Kong and Central Asia and their coverage on our Blog. 1. New HKIAC Arbitration Rules and the Prominence of Hong Kong as an Arbitral Seat Hong Kong International Arbitration Centre…