Remarcable presence of specialized arbitration in transport at New York

The representatives of ARTRI and of the International Arbitration Court for Transport (IACT) attended several important events that took place in July, in the world`s financial capital - New York

1. 3 - 9 July 2016, IACT attended the 49th Session of the United Nations Commission on International Trade Law (UNCITRAL), held in New York, at United Nations Headquarters. The main theme of this Session of UNCITRAL Comission was flexibilising arbitration and Finalization and adoption of a Model Law applicable in all member states.
On the 8th of July, at UNCITRAL vice-president`s invitation - Mr. Michael E. Schneider, Mr. Cristian Șerban (the President of IACT), held a speech at UNCITRAL`s General Assembly, introducing IACT, the International Network of Specialized Arbitration, as well as the concrete support received by IACT at the events organised by IRU, GPST and UN Global Compact. In his speech, Mr. Cristian Șerban highlighted the importance of arbitration in multimodal transport litigation and related activities, stressing the immediate relevance of UNCITRAL`s General Assembly for development of arbitration practices worldwide.
The introduction of IACT`s activities at UNCITRAL`s Session, has been highly appreciated. Mr. Michael Schneider, the vice-president, stating that he „congratulates founding of IACT, a global arbitration istitution for multimodal transports".

On July 18 and 19, during the events of the High Level Political Forum for sustainable development (HLPF) 2016, held at New York and co-organized by UN Global Compact, IACT and ARTRI attended the following events:

2. "Sustainable Transport and GreenovativeTM Solutions for Financing and Facilitating Sustainable Investments in Transport: Deliverables for Sustainable Development Goals (SDG) Implementation" Conference (18 July)
During the first session of this conference hosted by the UN Global Compact at its New York Headquarters, Mr Cristian Șerban, President of IACT`s Board, presented in plenum a progress report of IACT, highlighting the main directions of development for this institution: specialization in transports, efficiency and global recognition - through the continuous expansion of the International Network of Specialized Arbitration created around IACT, as an optimal way of dispute resolution related to the international multimodal transports.
Second session of the conference took place at the UN Headquarters during the afternoon of the same day, focusing on the identification of the Innovative Financing Mechanisms For Ancillary and Soft Infrastructure in the Eurasian region, with presentation of the Chinese "One Belt, One Road Initiative", but also of the points of view of the World Bank representative, as well as of H.E. Mr Mahmadamin Mahmadaminov, Ambassador and Permanent Representative of the Republic of Tajikistan to the UN.

3. SDG Business Forum (19 July)
The SDG Business Forum took place at the UN Headquarters from New-York, during the first High Level Political Forum (HLPF) since the adoption of the 2030 Agenda for Sustainable Development. SDG Business Forum was co-hosted by the International Chamber of Commerce (ICC), UN Department of Economic and Social Affairs (UN-DESA) and by UN Global Compact, in collaboration with Global Business Alliance (GBA) for 2030.
During the panel on partnerships, co-organized by the International Union of Road Transport (IRU) and UN Foundation, Mr Florinel Andrei, Secretary General of ARTRI, presented the specialized arbitration provided by the International Arbitration Court for Transport established near ARTRI - as a modern and efficient way of dispute resolution at global level, related to the international transport and transport related activities. This initiative gathered the sustaining of an ever-increasing number of ONGs acting in the transport field in Europe and Eurasia, being also a legal instrument for protection of the transport operators.

The presence and the appreciation of IACT`s activities, during these events, reconfirms the international scale of the arbitration in multimodal transport litigation and related activities.