On January 29, 2015 the Ukrainian Arbitration Association and International Centre for Dispute Resolution (the International Division of the American Arbitration Association) signed a Memorandum of long-term cooperation in the development of international commercial arbitration, mediation and other forms of alternative dispute resolution.
The Memorandum provides for cooperation and mutual assistance of the parties in the advancement of different forms of alternative dispute resolution as a means of settling disputes arising out of international commercial transactions.
The cooperation is also aimed at exchange of information in diversified ways, including lectures, providing publications and technical assistance in organization of arbitration related events.
The American Arbitration Association (AAA), is a not-for-profit organization with offices throughout the U.S. AAA has a long history and experience in the field of alternative dispute resolution, providing services to individuals and organizations who wish to resolve conflicts out of court.
The AAA role in the dispute resolution process is to administer cases, from filing to closing. The AAA provides administrative services in the U.S., as well as abroad through its International Centre for Dispute Resolution (ICDR). The AAA's and ICDR's administrative services include assisting in the appointment of mediators and arbitrators, setting hearings, and providing users with information on dispute resolution options, including settlement through mediation.
Established in 1996 as the global component of the American Arbitration Association, the International Centre for Dispute Resolution (ICDR) provides conflict-management services in more than 90 countries with a staff fluent in 12 languages. Through a worldwide panel of hundreds of independent arbitrators and mediators and global cooperative agreements, the ICDR provides a flexible, party-centered process over a broad range of industries and geopolitical issues. (www.icdr.org)
The Ukrainian Arbitration Association is a non-profit organization established in September 2012, aimed at creation of positive image of Ukraine as the place of arbitration for the resolution of commercial disputes through the development of directions, forms and means of mutually beneficial cooperation between specialists of Ukraine and other countries in the sphere of arbitration; contribution to the improvement and promotion of arbitration in Ukraine; development of international cooperation in the field of arbitration. UAA unites lawyers, irrespective of their belonging to a particular jurisdiction, who are professionally engaged or interested in the practice of dispute resolution in international arbitration. (www.arbitration.kiev.ua)
Members of the Association can be an individual with a law degree, is a specialist in international commercial arbitration or have a professional interest in international commercial arbitration and share the goals and objectives of the Association. Read more