American University of Central Asia, Astana International Financial Centre Court and International Arbitration Centre sign framework agreement on cooperation

Today Kyrgyzstan-based American University of Central Asia (hereinafter – AUCA), and Kazakhstan-based the Astana International Financial Centre Court (hereinafter – the AIFC Court) and International Arbitration Centre (hereinafter – IAC) signed a framework agreement to expand their scope of cooperation and launch use of a new hearing room in Bishkek, Kyrgyzstan.

The Agreement was signed by Mr. Christopher Campbell-Holt, Registrar and Chief Executive of the AIFC Court and IAC, and Ms. Elida Nogoibaeva, Head of Law Division, Associate Professor of AUCA. The agreement creates opportunities for commercial parties in disputes to participate in AIFC Court and IAC hearings from an international standard hearing room at AUCA in Bishkek, Kyrgyzstan. The cooperation also enables students of AUCA to participate in internships at the AIFC Court and IAC, with the possibility of further employment at AIFC resident companies. In addition, students will participate in the AIFC Court and IAC legal education programmes and compete in the international standard Moot competitions organised annually in March and October.

In the framework of the visit to Bishkek, the AIFC Court and IAC met with the Kyrgyzstan legal and business communities and presented an introduction to commercial dispute resolution in the wider Eurasia region, services offered by the AIFC Court and IAC and further opportunities for businesses in the Kyrgyzstan seeking to invest in Kazakhstan.

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