BETWEEN PUBLIC AND PRIVATE- STATE ENTITY AS A PARTY TO INTERNATIONAL COMMERCIAL ARBITRATION: LESSONS FOR THE REPUBLIC OF UZBEKISTAN

Authors

  • Akbar Tojiboev Tashkent State University of Law,Uzbekistan Author

DOI:

https://doi.org/10.61841/nf6q0v60

Keywords:

State, state entity, international commercial arbitration, incapacity, , , law applicable,, arbitration clause,, legal capacity.

Abstract

International commercial arbitration has become an effective mechanism in resolving international commercial disputes owing to the massive increase of commercial interactions between private entities in business world. This article discovered that when States and State entities have different legal personalities, the arbitral tribunals should not expand the arbitral clause to the State itself with respect to the disputes before commercial arbitration. It analyzes the nature of State entities, including important roles of State entities in Uzbekistan and some strategic elements of State entities in international commercial arbitration practice. Furthermore, the article proposes potential solutions on the participation of State entities in international commercial arbitration and provides significant recommendations for further development of international commercial arbitration practice in Uzbekistan.

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References

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32. There is extensive commentary on the issue. Jan Paulsson, “May a State Invoke Its Internal Law to Repudiate Consent to International Commercial Arbitration”, 2 ARB. INT’L 90, 98 (1986). Art. 17 of the United Nations Convention on Jurisdictional Immunities of States and their Property, adopted on 2 Dec. 2004, opened for signature on 17 Jan. 2005 (If a State cannot invoke immunity from jurisdiction before a court of another State in a proceeding relating to an arbitration agreement, arbitration proceedings or proceedings for annulment of an arbitral award in case it has concluded a commercial arbitral clause).The Convention is not yet in force.

33. Rules Governing the Proceedings, Art. 18(2) provides that “In all cases, the Arbitral Tribunal shall act fairly and impartially and ensure that each party has a reasonable opportunity to present its case.”

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Published

30.06.2020

How to Cite

Tojiboev, A. (2020). BETWEEN PUBLIC AND PRIVATE- STATE ENTITY AS A PARTY TO INTERNATIONAL COMMERCIAL ARBITRATION: LESSONS FOR THE REPUBLIC OF UZBEKISTAN. International Journal of Psychosocial Rehabilitation, 24(6), 581-591. https://doi.org/10.61841/nf6q0v60