IACT and AITA have signed a partnership, strategic for the transport industry

The International Arbitration Court for Transport (IACT), established near ARTRI - The Romanian Association for International Road Transport - and the International Association of Road Hauliers of Moldova (AITA) have signed on Saturday, 21st January 2017, a Partnership agreement regarding the support and promotion of the settlement of disputes (litigations) in transport and related activities through specialized arbitration, provided by The International Arbitration Court for Transport.

The document has been signed by the President of IACT, Mr. Cristian Șerban and the President of AITA - Mr. Grigore Bernavschi, in the presence of ARTRI`s Secretary General, Mr. Florinel Andrei.

Mr. Cristian Șerban, the President of IACT stated that: „Through the adherence of AITA to the International Network for Specialized Arbitration, the transport companies from Moldova benefit of the best litigation solution throughout their area of activity. We are counting on the support of AITA in improving business relations both on regional as well as international level".

Mr. Florinel Andrei, the Secretary General of ARTRI stressed that: "Exprerience has taught us that the essence of succes lies in the win-win type of partnerships. Bearing this mutual benefit thought in mind, we have started an excellent collaboration with AITA, represented by it`s President, Mr. Grigore Bernavschi. We are hoping that the fruits of our good intentions will soon show".

Mr. Grigore Bernavschi, the President of AITA, added that "the future of road transports is based on the continuity of the contractual relations and on the consolidation of an environment of certainty in business. The Specialized Arbitration provided by IACT, ensures the premises of a predictable and attractive environment for the Moldavian business companies, therefore we are honoured to sign this agreement ".

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The International Arbitration Court for Transport (IACT) at the Romanian Association for International Road Transport (ARTRI), is an arbitration institution, specialized on dispute settlement in the area of transport and related activities (customs brokers` and freight forwarders` activities, storage and handling of goods, postal and courier services etc.). In accordance with its role - to offer an alternative jurisdiction of a private character, for dispute resolution, specialized in over 120 countries, Signing Parties of the Convention on the Recognition and Enforcement of Foreign Arbitral Awards (New York, 1958), the Arbitration Court for Transport provides prompt and impartial settlement of disputes arising out of the legal relationship in transport and related activities, as well as other disputes submitted to the jurisdiction of the Arbitration Court for Transport.