The Economic Court of the Commonwealth of Independent States initiated the establishment of the International Center for Dispute Resolution at CIS Economic Court in the framework of the measures taking in the Commonwealth for modernizing its sphere of activities. This initiative was approved by the CIS Interparliamentary Assembly (Resolution of April 3, 2008 No.15). According to the above resolution CIS Economic Court, the International Union of Lawyers and the Secretariat of the CIS Interparliamentary Assembly shall establish the International Center for Dispute Resolution at the Economic Court of the CIS.
Regulations of the International Center define its aims as settlement of disputes and conflicts; protection of rights and legitimate interests of citizens and organizations; legal assistance; realization of legal analysis and law enforcement. Structurally the International Center consists of the permanent Arbitration Court and the Chamber of Mediators.
The distinguishing feature of the Arbitration Court is its jurisdiction to resolve disputes arising from the implementation of international economic ties between the CIS member states and business entities of the designated States in terms of the arbitration agreement of the parties.
Office of the Ministry of Justice of Russian Federation in St. Petersburg and Leningrad region issued on October 27, 2008 the State Registration Certificate of Non-Profit Partnership "The International Centre for Dispute Resolution at the Economic Court of the Commonwealth of Independent States". The seat of the International Center is in St. Petersburg.
The first meeting of the Presidium of the International Center took place on November 24, 2008 in St. Petersburg. The Presidium decided on the formation of the permanent Arbitration Court, the Chamber of Mediators and also approved the drafts of the main statutory and procedural documents, candidates to be appointed as heads of the Arbitration Court and the Chamber of Mediators, their deputies, reference lists of arbitrators and mediators.
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