On 14 August 2018, the Russian Arbitration Center (“RAC”) published an annual report for 2017/2018. This report analyses the evolution of the RAC during these years.
It provides general information about arbitration in Russia, or about international cooperation with other arbitration institutions (e.g., the Singapore International Arbitration Center or the Hong Kong International Arbitration Center).
This report also sums up the first results of this arbitration center with regards to dispute resolution. It shows that from the beginning of 2018 (when the first case was submitted) 105 cases have been submitted. The aggregate amount in dispute is 7,9 billion RUB. Of these 105 cases, 12 were expedited arbitration proceedings. Finally, there have been no annulments or refusals to enforce any of the arbitral award issued from this institution.