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ICC celebrates Africa Day - ICC - International Chamber of Commerce


ICC celebrates Africa Day
News

25/05/2021
On Africa Day, we’re taking a look at some of the ways ICC is mobilising its network at national, regional and local level to make business work for all in Africa.
From building commercial dispute resolution capacity to ensuring African commerce benefits from the World Trade Organization’s Trade Facilitation Agreement here are 7 ways ICC is working to raise the voice of African business and pave the way for a sustained economic recovery from the COVID-19 pandemic.
A growing network in Africa
ICC has an active network in over 20 African countries. Committed to growing our presence in the region to further support private sector growth and development, ICC opened ICC Cameroon in June 2020. This latest addition to ICC’s network of national committees, is located in Douala and works in cooperation with the Chamber of Commerce, Industry, Mines, and Artisans of Cameroon. ....

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Russian Ministry of Justice grants ICC Permanent Arbitration Institution status - ICC


Russian Ministry of Justice grants ICC Permanent Arbitration Institution status
News • Paris, 19/05/2021
The International Court of Arbitration of the International Chamber of Commerce has announced that it has been granted the status of Permanent Arbitration Institution by the Council for the Development of the Arbitration Process of the Ministry of Justice of the Russian Federation.
As a Permanent Arbitral Institution, the ICC International Court of Arbitration will administer Russian-seated international arbitrations, enabling parties to seek enforcement of ICC arbitral awards in Russia without risk of the enforcement being recognised only as an ad hoc award, or other obstacle.
PAI status also allows the ICC Court to administer Russia-related arbitrations arising from certain categories of corporate disputes as specified by Russian legislation, notably those arising from share purchase agreements and share pledge agreements relating to Russian companies. ....

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Regional Director role to bolster ICC reach in Africa - ICC - International Chamber of Commerce


Regional Director role to bolster ICC reach in Africa
News • Paris, 11/05/2021
ICC has announced the promotion of ICC International Court of Arbitration Counsel Diamana Diawara to Regional Director for Africa.
The new role sees a greater focus on Sub Saharan Africa for ICC Dispute Resolution Services, with a view to building capacity in the region and enhancing awareness of, and access to, ICC’s dispute settlement know-how as well as its globally reputed services.
Working out of ICC Global Headquarters in Paris, and building on work initiated by ICC’s former Regional Director for Middle East and North Africa Sami Hoerbi, Ms Diawara will undertake a one-year mission to devise and implement strategies with a view to establishing a presence for case management in Sub Saharan Africa by 2022. ....

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2021 ICC Arbitration Rules Come Into Force


2021 ICC Arbitration Rules Come Into Force
Friday, January 8, 2021
ICC”) launched the Revised Rules of Arbitration (“
2021 ICC Rules”), on 1 December 2020.
1 The 2021 ICC Rules enter into force on January 1, 2021. The ICC Arbitration Rules 2017 (“
2017 ICC Rules”) will continue to apply to cases registered prior to January 1, 2021.
2 The amendments in the 2021 ICC Rules are a step towards greater efficiency, flexibility and transparency in ICC arbitrations.
3
Joinder of Parties and Consolidation of Proceedings;
Disclosure of Third-Party Funding;
Provisions for Investment Treaty Arbitrations;
Remote Hearings;
Governing Law and Settlement of Disputes
We are glad to have comments and inputs from leading arbitrators, practitioners and ICC members around the world on the implications of the 2021 ICC Rules. ....

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