DUSHANBE, May 29, Asia-Plus -- A two-day training on creation of arbitration, hosted by Tajikistan’s Chamber of Commerce and Industry (CCI), concluded today.
The training participants included some 30 lawyers, researchers and lecturers with law departments ay a number of higher educational institutions.
Speaking at the training, Ms. Nina Vilkova, Professor with Russia’s Academy of External Trade, noted that Tajikistan’s law on arbitrations took effect on April 1, 2008 and arbitration has been set up at the CCI and election of arbitrators is going on.
“I believe arbitrations have future in Tajikistan, where a process of transition to market economy here bear resemblance to the process in the Russian Federation, where some 600 arbitrations of different level now function,” said Professor Vilkova. “These courts are more honest and offer unbiased and confidential attitude.”
“Therefore, entrepreneurs prefer to consider arising disputes in arbitrations, considering that state courts are more corrupt,” said the trainer. “I think arbitrations are needed in Tajikistan.”




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