Arbitration In North Macedonia

North Macedonia, a dynamic and evolving jurisdiction in Southeast Europe, is governed by a legal framework that aims to facilitate dispute resolution in both commercial and investment contexts. The arbitration regime in North Macedonia was enhanced when, in 2006, the North Macedonian government passed a new modern law, the International Commercial Arbitration Act. This legislation was enacted as part of a comprehensive reform intended to make North Macedonia a more attractive destination for foreign enterprises. Although it has made significant progress in positioning arbitration as a feasible alternative to conventional litigation and aligning with international standards, several obstacles persist that impede its effectiveness and acceptance.