In an article written by the editorial team of Pravo.ru, KKMP Partner Stanislav Dobshevich and other experts discuss what attracts Russian businessmen to SIAC.
From my personal experience, I can admit the high quality of case administration at SIAC. Unlike many other centers, the secretariat responds quickly to requests from the parties and helps resolve problematic issues, such as paying arbitration fees.
SIAC has developed a platform for managing arbitration proceedings – SIAC Gateway. It allows arbitration fees to be paid through various payment systems, including credit cards.
Russian parties are now increasingly choosing arbitrators from Asia, Africa, and Latin America.
English law, particularly for contracts concluded before 2022, remains the most popular in international commercial contracts due to its predictability and well-developed case law.