A full house in Moscow
Last week, over 80 participants attended a SCC seminar dedicated to issues related to the potential impact of the EU-sanctions.
A great number of people attended the seminar at the Swedish Embassy in Moscow. SCC had initiated the meeting to create an open dialogue about the current situation; the applications and legal consequences of the EU-sanctions, and how EU-based arbitrators and arbitral institutions will deal with “Russian” disputes.
- Political differences have always existed in parallel with respect for basic principles to safeguard access to justice in international relations, as represented by international arbitration, Annette Magnusson said at the event.
She pointed out that the 1958 New York Convention and the 1976 UNCITRAL Arbitration Rules were agreed also in times of turmoil.
- This is the beauty of international arbitration. International arbitration is always neutral, and we will do our outmost that it stays that way, Annette Magnusson concluded.
SCC has previously addressed the EU-sanctions and its applications: