International Court of Arbitration (Paris) презентация

3 topics:
1. The essence of the International Arbitration Court
2. The procedure for dealing with disputes
3. Enforcement of arbitration decisions

The essence of the International Arbitration Court
The most famous are the procedures of the International Chamber of Commerce, in which since 1923 operates the International Court of Arbitration, the world's dispute resolution mechanism, which is a conciliation procedure, as well as the International Expert Center.

International Court of Arbitration of the International Chamber of Commerce is an international institution whose function is to resolve international commercial disputes.

International Court of Arbitration of the International Chamber of Commerce is an international institution whose function is to resolve international commercial disputes. The composition of the Court composed of representatives of at least 77 countries in the world, recommended for election to the National Committees of the Member States of the International Chamber of Commerce. Court members meet several times a year in session, usually taking place in Paris. Court helps to carry out his functions, the secretariat, whose staff work on a regular basis (about 50 people)

The procedure for dealing with disputes
The basis for the review of commercial disputes is an arbitration clause in a commercial contract, which the model recommended in the following form:
"Any dispute arising from this contract or in connection with it, shall be finally settled under the Rules of Arbitration of the International Chamber of Commerce by one or more arbitrators appointed in accordance with these regulations."

Enforcement of arbitration decisions
The decisions of international tribunals such as the International Court of Arbitration of the International Chamber of Commerce, executed or voluntarily by the losing party, or on the basis of decisions of national courts more than 130 States parties, in effect, signed in 1958 in the New York Convention on the Recognition and Enforcement of Foreign arbitral awards.