Publicat pe 21/06/2017

Bucharest, June 21st, 2017: The National Committee ICC Romania, together with the Chamber of Commerce and Industry of Romania (CCIR) and ICC’s International Court of Arbitration, organized on June 21st, at CCIR Business Center, the international conference dedicated to international commercial arbitration and the new trends in the field: “Referees: Independence and Impartiality – Procedural Aspects”.

Considering the provisions of the new Civil Code and Civil Procedure Code, but also taking into account the regulations of the main arbitration institutions in the European Union and those of the United Nations Commission on International Trade Law (CNUDCI) Arbitration Rules, the International Commercial Arbitration Court Next to the Chamber of Commerce and Industry of Romania (CCIR) recently launched, in public debate, the new Draft Rules of Arbitration Procedure. It aims at reconfiguring commercial arbitration in Romania, harmonized with the needs of the business environment, legal professionals and in line with European and international best practices.

The President of CCIR, Mr. Mihai Daraban, stressed the importance of arbitration: “the main target of the National Committee of ICC Romania”, mentioning the CCIR’s strategy of promoting arbitration as an alternative dispute resolution: “CCIR tries to promote de arbitation to the Romanian the business environment as a transparent, elegant and fast mean of litigation, having the great advantage that the parties can, voluntarily and in the knowledge of the cause, choose the judge, whom we call the arbitrator”. At the same time, Mr. Daraban has declared his full support to the Court of Arbitration “led by a young college, with dynamic people, leaders in the field and an extraordinary professional reputation,” added the President of CCIR.

Mr. Ștefan Deaconu, the President of the International Court of Commercial Arbitration attached to CCIR, the moderator of the event, said in the opening that: “Romania needs important benchmarks and the expertise of countries with strong commercial arbitration systems, which remains an alternative way of resolving commercial litigation, because it implies speed, efficiency and is an important anchor for the economic environment”.

Mrs. Laetitia de Montalivet, the Director at the ICC International Court of Arbitration for Europe, said: “Romania is a very important country for the International Court of Arbitration ICC. According to the latest statistics, Bucharest was elected, in a 3% of all cases at a global level, as a dispute settlement location at the Court of Arbitration, which places Bucharest at the forefront of arbitration cases”.

Mrs. Crenguţa Leaua, vice-president of ICC’s International Court of Arbitration, presented Romanian law as a good platform to promote this “means of understanding” the contracts from a Romanian perspective: “Considering the ICC Paris statistics (2015-2016), it is clear that Romanian law is present in the top 10 of the ICC arbitrage rights (…) this means that there is an increasing choice of Romanian law in international litigation, which leads to the conclusion that we have a modern law, (…) that the business partners of Romanian companies accept the application of Romanian law in international litigation, and this is because business partners accept Romanian law in their contracts”.