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Arbitration and Resolution of Economic Disputes

 

The Republic of Belarus sticks to the generally acknowledges in democratic states principles of justice.
 
Belarus has joined the basic international legal acts in the field of economic justice, including:
 
- Convention on the Service Abroad of Judicial and Extrajudicial Documents in Civil of Commercial Matters (the Hague, 1965);
- Convention on International Access to Justice (the Hague, 1980);
- Convention on the Limitation Period in the International Sale of Goods (New York,1974);
- Convention on an Admission and Execution of the Foreign Arbitral Decisions (New York, 1958).
 
Resolution of economic disputes in the Republic of Belarus is a function of the six Economic Courts of Belarus’s Regions and Minsk City, and the Supreme Economic Court.
 
Disputes connected with business conduct (debt recovery, penal sanctions, voiding transactions etc.) are subject to the general jurisdiction of Economic Courts. The same courts adjudicate disputes connected with claims against the state bodies (for example, tax inspections, militia, financial investigation agencies).
 
Disputes with participation of foreign states can be considered at the International Arbitration Court at the Belarusian Chamber of Commerce and Industry. In case disputes arise between Belarusian and foreign companies, the transaction partners are entitled to go to law in Belarus or in any foreign state.
 
The representative offices of foreign companies shall not have individual right to bring suit or action (except for cases, where the head of representation office or other person has been given a power of attorney with correspondent authorities).
 




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