The International Comparative Legal Guide to International Arbitration 2015, 12th Edition - International Arbitration In Central and Eastern Europe: A Diversity of Approaches

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Today, nearly twenty-five years after the collapse of the Soviet Union, the countries of Central and Eastern Europe play an increasingly important role in the world’s economy. As the volume of global trade grows, and as the demand for the natural resources and skilled labour found in many of these nations increases, the geostrategic and economic influence of these countries should continue to rise. At the same time, the use of international arbitration as a mechanism for resolving disputes involving parties from, or doing business in, Central and Eastern Europe is also likely to increase.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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