AIFC Court and IAC received Japan and China delegation visits

The AIFC Court and IAC received delegation visits from Japan and China. The Ambassador of Japan, H.E. Jun Yamada, led a delegation including representatives from the Parliament of Japan and the Japan Bank for International Cooperation. Mr. Wang Jinglei, Director General of the Treasury Department of the State Development Bank of China, led a delegation from China. During the visits the delegation visitors were introduced to AIFC Court and IAC premises, digital technology, and practices, as the leading international standard dispute resolution institutions in Eurasia.

Investors from 23 countries with business in Kazakhstan have used the AIFC Court and IAC to resolve commercial disputes. All AIFC Court Judgments have been enforced to 100% satisfaction of the Parties. The AIFC Court and IAC work closely with their international dispute resolution partners in Japan and China and have resolved 1 dispute with a Japanese investor via mediation at the IAC; and 20 disputes with Chinese investors (i.e. 3 disputes via the AIFC Court, 3 disputes via arbitration and 14 disputes via mediation at the IAC). The AIFC Court and IAC have resolved and enforced 263 cases involving investors from 17 Belt & Road Initiative (BRI) countries, including the 20 cases involving Chinese investors, all doing business in Kazakhstan. Lawyers from Japan and China registered at the AIFC Court for rights of audience to represent investors in disputes at the AIFC Court. 506 lawyers from 30 countries (32 jurisdictions) and 6 continents registered for rights of audience at the AIFC Court.

The AIFC Court and IAC continue to gain trust and significant international recognition with Japanese and Chinese investors in Kazakhstan as the elite international commercial dispute resolution institutions in Eurasia.

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