The IAC held the ‘Live Draw’ for its 3rd Annual IAC Central Asia Vis Pre-Moot Competition

The IAC held the ‘Live Draw’ for its 3rd Annual IAC Central Asia Vis Pre-Moot Competition which will happen 10-15 March 2023 in hybrid format at the IAC premises in Astana, Kazakhstan, and online. The Final will happen on 15 March 2023 before the IAC Chairman, Thomas Krümmel, and the past IAC Chairman, Barbara Dohmann KC.
We are delighted to partner again with the U.S. State Department of Commerce and Commercial Law Development Program (“CLDP”). Together, for the second consecutive year, the IAC and CLDP will provide world class arbitration moot training to IAC Central Asia Vis Pre-Moot university law student teams from across the Eurasia region.
The Vis Moot is the world’s premier law student mock arbitration hearing competition. It aims to promote the study of international commercial law and arbitration for resolution of international business disputes through its application of a “real-life” practical legal problem and to develop future lawyers in arbitration practice.
20 teams from 16 countries will participate in this year’s competition with 8 teams from the CIS countries (including 2 teams from Kazakhstan), 6 teams from Europe, and 6 teams from Asia. The IAC continues to contribute to the continuous development of young lawyers in Kazakhstan and across the Eurasia region as the premier international arbitration centre in Eurasia.
The Astana International Financial Centre (AIFC) is an independent jurisdiction that started operations in 2018. In accordance with the Development Strategy until 2025, the key focus of the AIFC is to consolidate as a universal platform connecting the countries of the EAEU, Central Asia and the Caucasus. www.aifc.kz
The AIFC Court is an independent legal entity. It has its own procedural rules modelled on English common law procedures and leading international practice. The AIFC Court is separate and independent from the courts of the Republic of Kazakhstan. It consists of two tiers: a Court of First Instance, which includes a specialist division known as the Small Claims Court; and a Court of Appeal. It has exclusive jurisdiction over disputes arising out of the activities and operations of the AIFC and jurisdiction in the case of other disputes in which all parties agree in writing to give the AIFC Court jurisdiction. It does not have jurisdiction in relation to disputes that are of a criminal or administrative nature. It applies the most up to date and efficient case management practices. https://court.aifc.kz/
The International Arbitration Centre (IAC) is an independent legal entity. It has its own procedural rules modelled on best international practice. It has its own panel of leading international arbitrators and mediators having many years of arbitration and mediation experience in commercial law, including oil and gas, trade, construction, energy, financial services, banking, Islamic finance, insurance, and intellectual property. IAC arbitration awards are recognised and enforceable in Kazakhstan and internationally. https://iac.aifc.kz/