Kazakhstan-based Astana International Financial Centre Court (the AIFC Court) and International Arbitration Centre (IAC) and Uzbekistan-based Westminster International University Tashkent (WIUT) signed a framework agreement of cooperation and launched the use of a new hearing room in Tashkent, Uzbekistan, Delovoy Kazakhstan reports.
The Agreement was signed by Mr. Christopher Campbell-Holt, Registrar and Chief Executive of the AIFC Court and IAC, and Mr. Bakhrom Mirkasimov, WIUT Rector. The agreement creates opportunities for commercial parties in disputes to participate in AIFC Court and IAC hearings from an international standard hearing room at WIUT in Tashkent, Uzbekistan. The cooperation also enables students of WIUT 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 Tashkent, the AIFC Court and IAC met with the Uzbekistani 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 Uzbekistan seeking to invest in Kazakhstan.
“We are excited to develop our cooperation with Westminster International University Tashkent (WIUT) and to broaden our presence in Tashkent, Uzbekistan, through this cooperation. WIUT is one of the leading universities in Eurasia and we look forward to welcoming its students to our international standard internship programme which has previously been experienced by more than 80 students from other universities. We also look forward to offering occasional case hearings from the international standard WIUT premises in Tashkent as we continue to further expand our dispute resolution services to a broad spectrum of businesses and investors beyond Astana" Christopher Campbell-Holt, Registrar and Chief Executive of the AIFC Court and IAC
“We are happy to sign this agreement, which advanced our student participation in moot competitions at the AIFC. It provides students and graduates opportunities of involvement in the work at the AIFC Court and International Arbitration Centre at the AIFC with further legal assistance to the companies operating within the AIFC, where English common law applies. WIUT also raises awareness of the work of the AIFC among students, the academic community and legal professionals and will be hosting activities of the AIFC at WIUT. We appreciate our further cooperation" Bakhrom Mirkasimov, WIUT Rector