On September 19, 2022, a cooperation agreement was signed
between the Hong Kong International Arbitration Centre
(“HKIAC”) and the Tashkent
International Arbitration Centre
(“TIAC”) by virtue of which the
TIAC-HKIAC Cross-Institutional Arbitration Rules were adopted (the
“Rules”). The Rules entered into force
immediately thereafter, in September 2022. The cooperation
agreement was formalized by the HKIAC Secretary-General, Mariel
Dimsey and TIAC Director, Diana Bayzakova online from Hong Kong and
Tashkent accordingly.
Uzbekistan is one of the strongest economies of the Commonwealth
of Independent States (the “CIS”)
region and has been striving to enhance its global connectivity,
including in the arena of international commercial arbitration. As
a seat of arbitration, Uzbekistan is prepared to meet the
ever-growing demand for resolving disputes between the
international as well as domestic parties through alternative
dispute resolution (the “ADR”)
methods. In
