From: Aisulu: Hello! I am an employee of the legal department of a company whose activities are related to the provision of services in the field of high technology and are aimed mainly at working with foreign clients. Our company has long-standing partners with whom we would not like to break off business relations, but, unfortunately, they do not fulfill their obligations under the contract, negotiations do not give a positive result and in this case, according to the terms of the contract "... the dispute is subject to resolution in court ...". Having started an active search for ways to resolve this dispute, allowing us to maintain business relations, I learned about the existence of your organization and visited your website, in connection with this I had the following question: "Our company is a resident of the Republic of Kazakhstan, is it possible to transfer a dispute arising from an agreement with foreign partners for resolution to the International Arbitration Court "IAC"?
Hello!
In order to submit appeared dispute to the International Arbitration Court “IAC”, there should be an arbitration agreement between the parties of the contract enabling submission of the dispute to the International Arbitration Court “IAC”, which should be concluded in the form of separate agreement, with form of which you can also find on our web-site.
The world practice in the field of arbitration proceedings shows that the most expedient is the inclusion of an arbitration clause into the contract at its conclusion as to persuade parties to sign an arbitration agreement after a dispute is very difficult. Nevertheless, as your business relations should be of continuous nature, the signing of the arbitration agreement should not cause any difficulties. At the conclusion of the arbitration agreement particular attention should be paid to the name of international commercial arbitration, to the language and place of arbitration, as well as to clearly define the number of arbitrators, the range of disputes which can be submitted to the international commercial arbitration, as well as the norms of substantive law applicable at arbitration.
