Participation to Kaliningrad Conference

On February 19th 2016, St.Petersburg International Legal Forum held the conference "Arbitration Reform. Next Steps?" in Kaliningrad, devoted to the adoption of arbitration reform laws in the Russian Federation. The laws will enter into force on September 1st 2016, with some provisions to become effective at later dates.

The conference was chaired by the Minister of Justice of the RF A.Konovalov, with the participation of the Deputy Minister of Justice M.Galperin (one of developers of the adopted laws), Chairman of the International Commercial Arbitration Court under the Chamber of Commerce and Industry of the RF A.Kostin, President of the Russian Arbitration Association V.Khvaley, Vice-President of the Russian Union of Industrialists and Entrepreneurs V.Chubarov, practitioners and leading arbitration experts from Russia and other foreign countries.

The new rules of establishment and functioning of arbitration tribunals in RF were discussed, as well as the procedural novelties in arbitration. The adopted laws prescribed a new scheme and tools for arbitration institutions, organization and operation in the RF in accordance with the up-to-date world tendencies, defined a system of inter relations between arbitration and state courts, significantly expanding the arbitrability of disputes.

Representatives of the International Arbitration Court for Transport (IACT) participated in the conference and informed the international and Russian arbitration community about the IACT inception, competence and functioning. This conference was an excellent opportunity to announce and establish IACT presence within the arbitration market, receive and exchange information and expert opinions, establish professional contacts.

IACT participation has been reflected on official site of the International Commercial Arbitration Court under the Chamber of Commerce and Industry of the RF, as well as on the site of the St.Petersburg International Legal Forum.