International disputes could be considered in Ukrainian language on the territory of Ukraine with under regulations from national legislation, Oleksandra Pavlenko, a partner of the Pavlenko and Poberezhniuk legal group has said.
“In the arbitration note it is possible to choose the language of consideration… We can foresee this in our contracts [in the arbitration note]. You can also choose the place of consideration of arbitration…,” she said in Kyiv on Tuesday during a round table entitled “The Protection of the Interests of Ukrainian Business in CIS Countries and the European Union,” initiated by the Ukrainian Union of Manufacturers and Entrepreneurs.
As Pavlenko said, there is a certain stereotype while choosing a court of arbitration – very often people choose one or two of courts among those existing in the world.
“Actually, there are more courts,” she said.
The expert explained that the regulations of this or that court of arbitration could predict the outcome of the case and suggest how to use this or that arbitration. The regulations are always available on the Web site of any court of arbitration.
The lawyer said that currently in Ukraine many national enterprises use international arbitration effectively.
Moreover, according to her, during the round table a memorandum on cooperation between the Ukrainian Union of Manufacturers and Entrepreneurs and the European Chamber of Arbitration was signed, which foresees the improvement of the system for the protection of the rights of Ukrainian entrepreneurs and exporters in the international area.