ICC MACEDONIA

On 12th of April 2021 we launched the ICC 2021 Rules of Arbitration by the ICC Arbitration, in Macedonia.

Entered into force on 1st of January 2021, the ICC 2021 Rules are design to resolve disputes and assure parties of a neutral framework with a multiple benefits for the businesses. At the welcome address, Mr. Mourre, President of the ICC International Court of Arbitration emphasized the importance of the arbitration and its benefits for the region. Danela Arsovska, Chair of ICC Macedonia stated that the ICC International Court of Arbitration is the most effective and efficient arbitration in the world.

The professional legal practitioners were introduced with the new ICC Rules and the most important changes within the ICC Rules and in the ICC International Court of Arbitration practice. The ICC 2021 Rules entered into force on 1st of January 2021 and are applicable to resolve disputes and assure parties of a neutral framework for the resolution of their disputes with great benefits.

The ICC 2021 Rules make noticeable changes to the framework of ICC arbitration, while not altering its character. The ICC Court President Alexis Mourre said that they “mark a further step towards greater efficiency, flexibility and transparency of the Rules, making ICC Arbitration even more attractive, both for large, complex arbitrations and for smaller cases.”