ABOUT COURT

International Commercial Arbitration Court at the Ukrainian Chamber of Commerce and Industry (ICAC at the UCCI) is an independent permanent arbitration institution (third-party tribunal) which activities are regulated by the Law of Ukraine On International Commercial Arbitration of 24 February, 1994 and the Rules of the International Commercial Arbitration Court at the UCCI.

ICAC at the UCCI takes into consideration disputes according to its jurisdiction only in case of the presence of written agreement of the parties to refer to it all or certain disputes arising in connection with any concrete relationships nevertheless of their contractual or non-contractual character.
Arbitration agreement could be made as arbitration clause in the contract or as separate agreement.

The way of application to the ICAC and the order of proceedings are governed by the Rules of the International Commercial Arbitration Court. The amount of arbitration fee to be paid is determined by the Schedule on arbitration fees and costs.

Awards of the ICAC at the UCCI are final and obligatory for the parties and in a case of their refuse to execute them voluntarily are enforced according to the New-York Convention on recognition and enforcement of foreign arbitral awards (1958) in the place of the location of a debtor.

 ICAC Annual Report  



© Ukrainian Chamber of Commerce & Industry
Supported by Computer Technology Center of the Ukrainian CCI.

On 13 November 2014 the International Commercial Arbitration Court and the Maritime Arbitration Commission at the Ukrainian Chamber of Commerce and Industry held II International Arbitration Readings in Memory of Academician Igor POBIRCHENKO.

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On 4 September 2014 in the premises of the Kyiv Regional Center of the Ukrainian National Academy of Law Sciences the International Commercial Arbitration Court and the Maritime Arbitration Commission at the Ukrainian CCI jointly with the Scientific-Research Institute of Private Law and Entrepreneurship of the Ukrainian National Academy of Law Sciences and the Ukrainian Civilist Association held a round table: «Limits of court intervention in international commercial arbitration».

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The ICAC delegation composed of Mykola SELIVON, President of the ICAC and MAC at the UCCI, and his deputy Tetiana ZAKHARCHENKO, took part in the work of the scientific-practical conference «Arbitration in Moldova: Achievements and Perspectives», which was held on 16 May 2014 in Chisinau.

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In order to reduce the financial costs of business entities referring to the ICAC at the UCCI for resolution of foreign economic disputes paragraph 1 of Section III of the Schedule of Arbitration Fees and Costs was amended by the Decision of the Presidium of the Ukrainian Chamber of Commerce and Industry of 24 April 2014 (Appendix to the Rules of the International Commercial Arbitration Court at the Ukrainian Chamber of Commerce and Industry), which reduced the amount of the arbitration fee if the claim price starts from U.S.Dollars 2,000,001 and above.

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On 15 November 2013 the International Commercial Arbitration Court at the Ukrainian Chamber of Commerce and Industry and the Maritime Arbitration Commission at the Ukrainian Chamber of Commerce and Industry jointly with the Institute of Private Law and Entrepreneurship of the Ukrainian National Academy of Law Sciences held in the conference hall of the Ukrainian Chamber of Commerce and Industry the International Arbitration Readings in memory of Professor Igor Pobirchenko.

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