Message from the President of International Arbitration Association

 

 

Justice is the constant and perpetual
wish to give everyone that which they deserve
                                             (Domitus Ulpian)
 
     It is a great pleasure for me to greet and welcome you on our website. I hope wholeheartedly that our web site will ensure an effective and rapid exchange of information between arbitral institution and individuals interested in our services, thus enhancing the quality of arbitration services provided and their accessibility. The website of International Arbitration is designed to offer its visitors easy access to the founding documents of arbitration; management committee chart & contact details, the rules of arbitration procedure and arbitration fees, the list of arbitrators, the other information that may be useful to parties.
     The degree of diversification of the economic and social relations in our society is becoming more complicated, due to economic growth & development, the birth of new industries, thus increasing the complexity of all aspects of daily life and adding new types of conflicts.
     By signing an arbitration agreement, the parties will assume certain specific obligations. They undertake to submit their dispute to international arbitration, to choose the referees/arbitrators and execute the arbitration decision voluntarily.
     The idea of additional possibilities for dispute resolution as an alternative to the Court process is not foreign to the Moldovan legal system. Resolving classical conflict by assigning it to the concept of law enforcement and win-loss (-beat winner) resolution is not always the most appropriate response, unlikely to provide a correct solution to all economic and social uncertainties and difficulties. Hence the need for institutions such as international arbitration is increasingly felt.
     The specialty doctrine presents in most cases the superiority of arbitration proceedings, versus the state justice, emphasizing a number of significant advantages in the favor of arbitration, very appealing for the trader who wishes to resolve his case swiftly and professionally. In addition to these benefits, we could add the lack of excessive formalism characterizing these proceedings conducted in the Courts and the confidentiality of arbitration proceedings versus the publicity of the Court hearing. Also in the category of benefits we can count the reduced financial costs offered by arbitration and the rapidity of solving the litigation by reference to the existence of three degrees of jurisdiction to be taken in common law procedure and the trial that may last for several years. These advantages give to arbitration its own physiognomy, making arbitration court friendlier & closer to business relations.
     In the same arbitration is not a competitor of a state justice, as is not intending to diminish its authority. The relations between state jurisdiction and arbitration are not competitive relationships, but complementary, bridging the gaps in the process of resolution of disputes, thus extending the law faculties that offer people or legal entities more possibilities for settling the disputes with maximum efficiency, flexibility and professionalism.
     Therefore, it is reasonable to ensure public access to information relating to international arbitration work. And this website in the context of providing access to justice, as a new, modern and refined way, would increase the guarantees of effective protection of people in decision making in choosing between the two institutions, or state arbitration in the settlement of any issue.
     And last but not least, I would like to express the respect and gratitude to all of you for the trust and I hope with all my heart that this web page will be useful to you and retain your attention.
 
PRESIDENT
Irina SELEVESTRU
 

 

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