Armenia Arbitration Week

ADB, in conjunction with the Arbitration and Mediation Center of Armenia (AMCA), the European Union (EU), the United Nations Commission on International Trade Law (UNCITRAL), the Center for Legislation Development, Counterpart International, the United States Agency for International Development (USAID), and Ambiente Risorse Sviluppo (A.R.S.) Progetti S.P.A., hosted the Inaugural Armenia Arbitration Conference. 

The conference aimed to increase business confidence by promoting a state-of-the-art international commercial arbitration disputes regime in Armenia, the conference will be attended by key government officials, policymakers, development partners, judges, law practitioners, and private sector stakeholders from Armenia and around the world.

By providing an overview of recent developments in international commercial arbitration and different types of disputes across the region and globally, the conference showcased the critical relationship between a robust arbitration system and foreign direct investment and highlighted Armenia’s immense potential as an investment hub. 

The Arbitration and Mediation Center of Armenia was launched during the conference, with speakers discussing AMCA’s development journey, its role in serving the needs of business, and the innovative features of its arbitration rules. Lastly, the conference will discuss the use of international commercial arbitration in resolving specialized disputes involving energy and climate change, construction and mining, and finance and technology.