Bulletin of International Commercial Arbitration

 

Since 2010 the Infotropic Media Publishing House, supported by the International Commercial Arbitration Court at the Chamber of Commerce and Industry of the Russian Federation, the Chamber of Commerce and Industry of the Russian Federation and a number of law firms, including Muranov, Chernyakov & Partners, launches the only Russian journal devoted exclusively to the international commercial arbitration issues.

The publication of the first number of “Bulletin of the International Commercial Arbitration” in Russia is a special and significant event for the legal and business community, as well as for all those involved with international trade, private international law and arbitration proceedings in one or another way.

Members of the editorial board include such well-known experts in the international commercial arbitration (ICA) sphere as A.S. Komarov, S.N. Lebedev, A.L. Makovsky, M.G. Rozenberg, A.A. Kostin and some other prominent Russian legal scholars and practitioners. The Chief Editor of the new journal is the Head of the Private International Law Department of the Private Law Research Centre at the RF President, Ph.D. in Law (candidate of legal sciences), arbitrator of the International Commercial Arbitration Court at the Chamber of Commerce and Industry of the Russian Federation A.N. Zhiltsov.

The international commercial arbitration has many advantages as compared with the dispute resolution in the state courts, with the procedure flexibility, confidentiality, an option for the parties to select as arbitrators the persons considered by them to be the most competent in particular sphere of international trade. At the same time, there is a global mechanism of foreign arbitral awards enforcement based on the New York Convention (1958). All these features make arbitration a unique tool for settling international commercial disputes in cases where the parties failed to reach agreement during negotiations or other conciliation procedure.

The new journal will inform the readers of events, tendencies and nuances of the ICA modern practice in Russia and foreign countries. Such information will enable the Russian participants of foreign economic activity to take advantage of the international arbitration procedure to a greater extent. The new edition may also help making Russia’s positions in the global competition of arbitration centers stronger.

Russia is known to be one of the first countries where permanent arbitration institutions were established which function up to the present day: in 1930 the Maritime Arbitration Commission at the USSR Chamber of Commerce was founded, and 1932 saw the establishment of the Foreign Trade Arbitration Commission, to be later succeeded by the International Commercial Arbitration Court at the RF Chamber of Commerce and Industry. Meanwhile, the only Russian periodical dedicated specifically to the ICA (“International Commercial Arbitration” journal) was first published in 2004 as a quarterly with a small circulation. Regretfully, it has not been in print since 2009. Therefore, the start of its successor, “Bulletin of the International Commercial Arbitration”, will be one of the key factors contributing to the further development of the international arbitration practice in Russia. This new edition will pursue more serious tasks, including the wider scope of the topics covered and a much larger volume.

“There is an increasingly intense competition between the world ICA centers, and the countries actively involved in international trade are acutely aware of significance of developing the appropriate domestic infrastructure and of active popularization of the same on the national and, particularly, international levels. One of the key factors in strengthening the competitiveness of the ICA national institutions is its information support. The establishment of “Bulletin” will certainly encourage domestic and foreign entrepreneurs to apply to the Russian arbitration centers rather than to the foreign ones”, ― says the Managing Partner of Muranov, Chernyakov and Partners Law Firm Alexander Muranov, who is a member of the journal’s editorial board, in support of his decision to give assistance to and take part in publication of “Bulletin”. “Besides, “Bulletin” may improve the Russian judges’ comprehension of the ICA special nature, which may gradually do away with an occasional disbelief to this method of dispute settlement and form their more adequate and positive attitude to it. Hence, the publication of “Bulletin” may promote the increase of the Russian ICA competitiveness, and, in doing so, the strengthening of Russia’s positions in a complicated globalizing world”, ― adds A. Muranov.

Following the words of A.N. Zhiltsov, the Chief Editor of “Bulletin of the International Commercial Arbitration”, the journal team will make extensive use of all topics, columns, clever ideas and suchlike information which earned readers’ praise during the publication of the “International Commercial Arbitration” journal because it was highly estimated by specialists both in Russia and abroad. At the same time there will be some new trends in the editorial policy. For instance, an important role in the journal concept will be assigned to a more detailed coverage of and commenting on the practice of the leading Russian arbitration institution ― the International Commercial Arbitration Court at the Chamber of Commerce and Industry of the Russian Federation, as well as the most interesting awards of Russian and foreign tribunals on the issues of setting aside and enforcement of the arbitral awards. The editorial board is also planning to publish different materials in English to inform foreign readers of the most significant and interesting events in the commercial arbitration in Russia, taking into account an ever increasing interest abroad in information about the Russian practice on international commercial arbitration.

 

March 24, 2010

 

 

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