The participation of THE INTERNATIONAL ARBITRATION COURT FOR TRANSPORT at THE FIRST INTERNATIONAL CONFERENCE ON SUSTAINABLE TRANSPORT

On November 26-27 the First Global Sustainable Transport Conference under the aegis of the United Nations was held in Ashgabat

The opening ceremony and plenary session of the high-level conference was attended by President of Turkmenistan Gurbanguly Berdimuhamedov and UN Secretary General Ban Ki-moon. Among the heads of delegations participating in the conference there were President of the Islamic Republic of Afghanistan, the President of Georgia, Prime Minister of the Islamic Republic of Pakistan, Deputy Prime Minister of the Republic of Tajikistan, the Second President of the National Council of the Republic of Austria, Chairman of the Council of the Republic of the National Assembly of Belarus and others

The forum in Ashgabat was attended by members of Governments, heads of relevant ministries of many countries, heads and representatives of the United Nations, its specialized agencies and commissions, as well as the OSCE, ECO, SCO, CIS, European Commission and others. Among the delegates there were heads and representatives of international organizations, whose profile affects all areas of the transport sector - road, aviation, rail, maritime transport, as well as major international investment, banking and trade institutions.

The agenda of the forum embraced a wide range of issues related to cooperation in such strategic area as transport.
Within the framework of the First Global Sustainable Transport Conference there was held a Business Summit aimed at strengthening cooperation in the transport sector and the consolidation efforts in the implementation of promising investment projects
The Business Summit brought together leaders and representatives of relevant agencies and United Nations structures, major international organizations and banks involved in the implementation of large-scale projects in the transport sector and the development of mechanisms for global cooperation and the development of transport systems. Representatives of large international logistics, construction and technology companies with extensive experience in the development of the transport sector also took part in the Summit
The project of the International Arbitration Court for Transport set up by the Association of International Road Transport of Romania was presented both at the conference and Business Summit. At the Business Summit the representative of IACT made a presentation of the court and its activity, explaining it aims, tasks and perspectives. Moderator of the session Mr. Yushi Torigoe noted the importance and necessity of a specialized court set up for the transport industry