IAC Young Eurasia Arbitration Week takes place in Astana

IAC Young Eurasia Arbitration Week takes place in Astana

The IAC Young Eurasia Arbitration Week took place in Astana. The sixth IAC Central Asia Vis Pre-Moot was held as part of the event. Sixty university teams from 26 countries participated in simulated court hearings. They presented their arguments in a real courtroom, defending their positions. According to the organizers the AIFC Court and the International Arbitration Centre the event aimed not only to introduce students and young lawyers to best international practices in commercial dispute resolution but also to help them develop practical arbitration skills. The Kazakhstan team from Maqsut Narikbayev University won the largest international competition for law students and will now represent the country at the 23rd Vis East Moot in Hong Kong.


«I think we won because we know where the weaknesses lie on either side, and we know how to work with them. We can leverage these weaknesses to our client’s advantage in the case. That’s why we won shared Shirin Makhmutalyyeva, student at Maqsut Narikbayev University in Kazakhstan.


«Our team reached the finals, competing against many teams from different universities. We managed to defeat teams such as Washington State, which is ranked 14th in the U.S., and we are very proud of this result. This week helped us grow as speakers and brought together students from across Central Asia said Aruuke Samsaalieva, student at American University of Central Asia in Kyrgyzstan.

The event also presented new initiatives for the use of artificial intelligence in arbitration. These digital solutions will expedite dispute resolution and enhance Kazakhstans investment appeal.

«We are also on the brink of developing a draft of AI guidelines because you can use AI in alternative dispute resolution in court cases, but there must be limits, there must be some sort of rules defined on how far you can use AI. We need to preserve the human element and we will also update our procedural rules for arbitration at the IAC on that basis, modernize them, incorporate the use of AI, and that is going to come later this year noted IAC Chairman Thomas Krümmel.