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Leading International Arbitration GAR Journal published an article about the Armenian AMCA
GAR (Global Arbitration Review), the leading international arbitration journal and news service, published an article about the Arbitration and Mediation Centre of Armenia (AMCA) and its recent developments.
The spotlight of the article is on the adoption of the Arbitration Rules of AMCA on the 27th of November, just several months after its establishment. The article further elaborates that the rules were developed with the input of the AMCA’s Arbitration Council, which operates in a similar manner to the ICC Court. An independent arbitrator Grant Hanessian, who is serving as the chair of the Arbitration Council, in his interview with the GAR mentioned:
“Armenia is firmly committed to the rule of law, both domestically and internationally, and with AMCA now has a state-of-the-art arbitration and mediation center and rules to facilitate the efficient and effective resolution of commercial and investment disputes.” “I am very honoured to be part of this project.”
The Council also includes such prominent experts, as Rafik Grigoryan (“Sigma Law” company); Andrea Carlevaris (“BonelliErede” company); Ara Khzmalyan (“Adwise” company); Aida Avanesyan (Arbitrators’ Association of Armenia); Artyom Geghamyan (“Tabia Legal Solutions” company); Galina Zukova (Zukova Legal); England and Wales-qualified solicitor Hayk Kupeliants; Hayk Hovhannisyan (“HAP” Law Firm); and Tomas Snider (head of international arbitration at Charles Russell Speechlys).
The article of the GAR concludes by the comment made by the AMCA director and secretary-general Tatevik Matinyan and deputy director Lilit Petrosyan “the Arbitration Rules reflect global best practices and pave the way for Armenia to be a favourable seat of arbitration, where disputes are settled efficiently, quickly and professionally”.
The manual aims to introduce to a non-professional audience what arbitration is, its advantages and how it works.
The manual is not a scientific research, it aims to present the minimum information in an accessible, non-professional language that will enable businessmen and people interested in the field to form a general understanding of the Arbitration and Mediation Center of Armenia, the scope of disputes examined by the Center, the requirements presented to arbitration agreements, the the procedure for enforcement of arbitration awards and the cases in which courts of general jurisdiction may be involved or assist in arbitration proceedings.
This booklet was published in 2023, on the opening day conference of the “International Arbitration Week” held in Armenia in September (INAUGURAL ARMENIAN ARBITRATION CONFERENCE). In the booklet, you can find information about why the parties agree to resolve disputes through arbitration.