The Astana International Financial Centre (AIFC), which opened in January 2018, will officially launch its International Court and Arbitration Centre in Astana, Kazakhstan in early July with its first 1st AIFC Law Conference on Wednesday 4 July 2018 and an official opening ceremony on Thursday 5 July.
Andrew White QC, who has been appointed to the panel of arbitrators for the new Astana International Arbitration Centre (IAC), will be speaking about “Oil and gas arbitration in the Eurasian region” as part of the programme of events.
He will also join a panel of speakers that includes Justice Randy Holland – former President of the Delaware Supreme Court – and Barbara Dohmann QC – president and chairperson of the new International Arbitration Centre in Astana.
The conference will be attended by Kazakhstan’s Prime Minister Bakytzhan Sagintayev and numerous ambassadors to the country, and the country’s President Nursultan Nazarbayev will attend the official opening on Thursday.
The launch of the independent AIFC Courts and the IAC is designed to offer an attractive option for dispute resolution for businesses that are active in the Republic of Kazakhstan and/or the surrounding Eurasian region – a region that continues to increase in economic significance.
The Rt. Hon. The Lord Woolf CH is Chief Justice of the AIFC Court.
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The AIFC Court is an independent legal entity. It has its own procedural rules modelled on English common law procedures and leading international practice. It is separate and independent from the courts of the Republic of Kazakhstan and consists of two tiers: a Court of First Instance, which includes a specialist division known as the Small Claims Court; and a Court of Appeal. It has exclusive jurisdiction over disputes arising out of the activities and operations of the AIFC and jurisdiction in the case of other disputes in which all parties agree in writing to give the AIFC Court jurisdiction. It does not have jurisdiction in relation to any disputes that are of a criminal or administrative nature.
The AIFC International Arbitration Centre (IAC) is an independent legal entity. It has its own procedural rules modelled leading international practice. It has its own panel of world-leading arbitrators and mediators comprising many years of arbitration and mediation experience in commercial law areas including oil and gas, trade, construction, energy, Islamic finance, banking, and copyright. IAC arbitration awards are recognised and enforceable in Kazakhstan and internationally.