Independent and Neutral Dispute Resolution Platform

The International Arbitration Court “IAC” is a permanent international arbitration of universal jurisdiction for resolution of disputes arising between parties of civil legal relations; is one of the founders of the Arbitration Chamber of the Republic of Kazakhstan

The institution was established in 2001 under the name International Arbitration Court of the Republic of Kazakhstan. In 2008, the institution was renamed to the International Arbitration Centre, where the Trial Court of the Republic of Kazakhstan “IAC” and the International Arbitration Court “IAC” were established.

In 2016, due to the changes in the legislation of the Republic of Kazakhstan on arbitration, the Trial Court of the Republic of Kazakhstan “IAC” was abolished and its functions for the consideration of disputes between residents of the Republic of Kazakhstan were transferred to the International Arbitration Court “IAC” (International Arbitration Court).

Consequently, at present the International Arbitration Court “IAC” is entitled to consider any disputes on which the following arbitration is listed: International Arbitration Court of the Republic of Kazakhstan, The Trial Court of the Republic of Kazakhstan “IAC”, and the International Arbitration Court “IAC”.

The International Arbitration Court “IAC” due to professional and objective resolving has accumulated a wide experience in arbitration proceedings in various areas of economy, including banking and financial services, the industrial and construction industries, oil and gas, and others, with participation of large domestic and foreign companies from different countries, such as: Republic of Kazakhstan, United Kingdom of Great Britain and Northern Ireland, New Zealand, Republic of Korea, Swiss Confederation, Russian Federation, Ukraine, the People’s Republic of China, Republic of Latvia, Republic of Turkey, the Arab Republic of Egypt, Republic of Tajikistan, Kyrgyz Republic, the Seychelles, and others.

Independence and objectivity
The rules of arbitration proceedings allow the parties to independently choose arbitrators for dispute consideration taking into account their qualification, personality and independence in judgments accounted for the independent and objective arbitration proceedings.
Efficiency of legal investigation
Traditionally the state legal proceedings are characterized by long-term litigations related to possibility to appeal the decision in other instances, whereas the arbitration decision is definitive and generally comes into force immediately.
Professionalism and competence
The arbitration is distinguished by the high level of professionalism, competence and impartiality, as any discrepancy to these qualities inevitably entails the lack of demand of particular arbitration as a tool for disputes settlement.
Profitability of the process
Due to the lower arbitration fee and presence of only one instance, the costs related to dispute consideration in the arbitration is much lower than in the public court.
Comfortable atmosphere
Ensuring comfortable conditions of arbitration allows the parties and participants to feel comfortable and concentrate on the examination of the dispute on the merits.
Extensive professional control
The arbitrators have no signs of tenure and legal immunity, the status of an arbitrator does not generate benefits.
Guarantee of arbitration decision implementation
Arbitration decisions are binding in most of the world.
Possibility of peaceful dispute settlement.
The arbitration proceedings implies a high probability of reaching a settlement agreement and voluntary execution of the arbitration decision.
Confidentiality of arbitral proceedings
Arbitrators and officials of arbitration are not allowed to disclose information constituting commercial, banking, notarial and other secrets of the parties, which have become known to them in connection with the arbitration proceedings, and cannot be questioned about the circumstances that have become known to them in in the course of performance of their duties.
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