International Arbitration In Central And Eastern Europe

I. Introduction

1. Numerous countries in the Central and Eastern European ("CEE") region and in the Commonwealth of Independent States ("CIS") have made continuous efforts to modernise their arbitration laws, making them compliant with prevailing international arbitration practices and responding to the needs of arbitration users. By considering a variety of jurisdictions, this chapter presents key trends and developments that took place over the past year, including legislative changes and amendments to institutional rules, enforcement of arbitration agreements, as well as enforcement and annulment of arbitral awards. Notable investor-state and state-to-state disputes are discussed in the final section of the chapter.