Mediation Clause
Mediation clause
Parties to a contract who wish to have any future disputes administered by the mediation procedure by the Central Asian Court of International Arbitration are encouraged to include following dispute resolution clause in their agreements:
If a dispute, controversy or claim arises between the parties relating to the interpretation or performance of this Agreement, or the grounds for the termination hereof, parties to the dispute may refer to the mediation procedure under the Rules adopted by the Central Asian Court of International Arbitration . The dispute will be mediated by a mutually acceptable mediator appointed by the Central Asian Court of International Arbitration within the [may not exceed 60 days] days after written notice by one party to the other demanding non-binding mediation.
If mediated dispute not settled or settled partially and under the circumstance of arbitrability the dispute shall be referred to and finally resolved by arbitration under the Central Asian Court of International Arbitration Arbitration Rules and under the following conditions:
– the number of arbitrators shall be [one or three].
– the seat of arbitration shall be Bishkek, Kyrgyzstan [or choose another venue].
– the governing law of the contract shall be the substantive law of [determine the applicable law].
– the language to be used in the arbitral proceedings shall be [determine the language].
About Us
The Central Asian Court of International Arbitration is a permanent arbitration institution established in 2019. The CACIA offers high standard services for the settlement of commercial and contractual disputes in the regional and international community. The CACIA consist of Board and Secretariat which provides efficient, flexible and impartial administration of disputes. We provide simple and effective ways of cross-border and local dispute resolution
