Tashkent International Arbitration Centre TIAC - 2021 Rules of Arbitration
Tashkent International Arbitration Centre (TIAC) at the Chamber of Commerce and Industry of Uzbekistan launches the new 2021 Rules of Arbitration.
- (1888PressRelease) November 25, 2021 - Since its establishment in 2018 under the Chamber of Commerce and Industry of Uzbekistan, the Tashkent International Arbitration Centre (the “TIAC”) has kept abreast the evolution of the global social and economic climate and modern international arbitration practices, and sought to modernize its administration of international arbitrations to meet current and future challenges faced by parties in dispute.
As part of this general effort, the TIAC has introduced a new set of Rules of Arbitration (the “2021 TIAC Rules”), which adopts a number of amendments to the 2019 TIAC Rules. These amendments in the 2021 TIAC Rules are designed to meet the rising importance of technology globally, and in particular, the reality that technology has become an ingrained feature of international arbitration proceedings.
2021 TIAC Rules were developed by a drafting committee of international specialists led by Claire Morel de Westgaver, partner at Bryan Cave Leighton Paisner in London.
The new Article 20 of the 2021 TIAC Rules reflects the most advanced practices in international arbitration with respect to document production and provide tools to prevent attempts to abuse the document production process. Specifically, the 2021 TIAC Rules introduce mechanisms addressing, amongst other things, (a) the treatment of documents and data; (b) the use of experimental evidence; and (c) cybersecurity concerns.
TIAC was established in November 2018 and launched officially in Paris in April 2019. Since April 2019, TIAC has received 25 Requests for Arbitration (24 commercial cases and 1 sport arbitration case) and 2 applications for emergency relief. All the commercial cases were international in nature with parties hailing from Italy, Netherlands, Moldova, Turkey, Russian Federation, Kazakhstan, Philippines, Singapore, Uzbekistan, China, and Hong Kong. Notably, in one of the latest cases, the parties were from the Russian Federation and Singapore. TIAC45 was launched in March 2021.
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