Asian Dispute Review
Volume 25, Issue 1 (2023) pp. 27 – 33

Abstract

This article discusses the proliferation of foreign investors seeking redress through arbitration as a result of the international sanctions imposed against Russia and special retaliatory economic counter-measures imposed against certain investors. It suggests that HKIAC, as a Permanent Arbitration Institution (PAI) designated under Russian law, would be a preferred arbitral institution for the resolution of these disputes and argues that Russian-related disputes administered at HKIAC can achieve practicable results for investors with assets in Russia, highlighting several benefits and challenges accruing to such parties as a result of PAI designation.

Extract

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