New Centres of International Commercial Arbitration in Asia: Legal Status

This master's thesis is devoted to the topic of the new centers of international commercial arbitration in Asia. There exist a row of reasons due to which this field of research is up-to-date and deserves special attention. The Russian parties nowadays face some difficulties with administrating of their disputes in frames of European commercial arbitration. These problems are often connected with the sanctions of the EU put towards Russian entities and individuals. While these consequences of the sanctions make Russian parties search for alternative venues of arbitration, Asia suggests great variety of institutions with the proper level of services. In this thesis we would like to research such Asian arbitration venues as Singapore, Hong Kong and China. In this thesis you will find the comparative analysis of these arbitration centres from various points of view: their accessability, variety of provided services and the costs. Based on this analysis we will make a conclusion on the reason of choosing one of these arbitration institutions based on the concrete factual circumstances.