17.05.2012

ICAC jurisdiction


By agreement of the parties, the ICAC will accept for resolution two categories of dispute:

disputes arising from contractual or other civil-law relationships in the course of foreign trade and other forms of international economic affairs, provided that the place of business of at least one of the Parties is situated abroad;
disputes arising between enterprises with foreign investment, international associations and organizations set up in the territory of the Russian Federation, disputes between their participants and, their disputes with other subjects of law of the Russian Federation.

The ICAC also accepts for resolution disputes within its jurisdiction under international agreements to which the Russian Federation is a party, in particular, agreements stipulating the exclusive competence of respective arbitration centers in the respondent’s country.

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