Benefits of
Arbitration
PARTY AUTONOMY AND FLEXIBILITY
Under AMCA Rules, parties have the freedom to agree on:
- The number and qualifications of arbitrators
- The language of proceedings
- The procedural rules and deadlines
- The place of arbitration and the applicable law, etc.
This level of party autonomy ensures a process that respects the expectations and priorities of the parties involved.
SPECIALIZED EXPERTISE
Disputes submitted to AMCA are resolved by arbitrators with in-depth expertise in relevant legal and commercial fields—ranging from international trade to construction, sports industry to healthcare, banking, and intellectual property. The arbitrators’ list of AMCA includes professionals with more than 10 years of academic and practical experience, ensuring reasoned and technically sound decisions.
NEUTRALITY AND INDEPENDENCE OF ARBITRATORS
AMCA ensures that arbitration is conducted by neutral, independent, and qualified professionals. Under AMCA Arbitration Rules, “Before being appointed, a prospective arbitrator or emergency arbitrator shall sign a declaration of impartiality and independence and disclose any potential conflicts of interest.”
This guarantees objectivity and fairness in every case, making AMCA a neutral forum especially valuable for cross-border and multi-party disputes. Parties can rest assured that their matter will be resolved free from bias or external influence.
CONFIDENTIALITY
Arbitration proceedings are conducted in a confidential manner, ensuring that sensitive information, trade secrets, and personal data remain protected from public disclosure. According to Article 41 of the AMCA Arbitration Rules, the arbitral process is strictly confidential unless otherwise agreed by the parties. Thus, the parties, the arbitral tribunal, the AMCA and any other person involved in the arbitration proceedings shall at all times treat all matters and all documents related to the proceedings and the award as confidential. This allows parties to safeguard reputational interests and business relationships while resolving disputes in private.
COST-EFFECTIVENESS
Arbitration under AMCA is significantly more cost-effective than litigation in many cases—especially when considering the value of time. Compared to many other international arbitration centers, AMCA offers affordable arbitration costs, making professional dispute resolution more accessible within Armenia and the broader region.
Moreover, when time is considered as a financial resource, arbitration proves even more economical. Complex court cases may drag on for years, whereas AMCA arbitration proceedings are designed to be completed efficiently, often within a few months depending on the complexity of the case.
FINAL AND BINDING DECISIONS
Arbitral awards rendered under AMCA Rules are final and binding. They are enforceable both domestically and internationally under the New York Convention on the Recognition and Enforcement of Foreign Arbitral Awards, to which Armenia is a party.
Additionally, under Armenian law, if the claim amount in arbitration does not exceed 5 million AMD, the arbitral award may be directly submitted for enforcement by AMCA. If the amount exceeds this threshold, the claimant may apply to the court for enforcement of the award.
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