Business partners of companies from Belarus can agree with Belarusian companies to consider disputes in a non-governmental body — the international arbitration court. Such an agreement is usually fixed in the text of a foreign economic agreement or in an independent agreement. The experience of the company’s representative’s participation in the consideration of cases in international arbitration courts is very important for the successful resolution of possible contradictions.
Features of consideration of cases in international arbitration courts
There are quite a lot of international arbitration courts organized in the world, each of which operates according to its own rules and is not bound by the norms of state procedural legislation.
The parties to a foreign economic agreement that have agreed to consider disputes in an international arbitration court can choose the venue of the meetings themselves — the state and the city where the trial will take place, or agree to consider the case online.
Consideration of cases in international arbitration courts is paid. Arbitration costs and arbitration fee must be paid for the consideration of the dispute. Arbitration costs are the costs associated with the consideration of the case: the work of arbitrators, experts, translators, travel expenses, etc. The amount of the arbitration fee is determined by each arbitration court independently. Usually the amount of the fee depends on the price of the claim.
25.09.2025
