Fokov A.P. ICC International Court of Arbitration: possibilities for Russia

Abstract:   The subject of this research is the work of ICC International Court of Arbitration and the possibility of Russia’s participation. The author believes that until now the issues related to the work of International Court of Arbitration (authority, regulation, procedures and timeframes for reviewing and rendering decisions, especially on arguments caused by obligations in major deals) have not been sufficiently researched. The author thinks that the work of International Court of Arbitration is certainly aimed at increasing efficiency of international arbitral proceedings, which is very important under the conditions of providing higher protection of rights of participants of the process, regardless of any possible economic sanctions. It is noted that the new rules of arbitration of the International Court of Arbitration from January 1, 2012 (rev. 2015) allows the participants of the use of languages in the arbitral process including English, German, French, Spanish, and Russian, underlining the priority of international law above any political and economic conjunctures.  

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