AIFC Court plays an important role in strengthening investors' trust - Kazakh PM
«AIFC is an active center to attract investment in the economy via creating a favorable environment for investors, developing a security market, and its integration with international capital markets,» said Smailov.
The Kazakh Prime Minister went on to say that the Court and International Arbitration Center which are part of the AIFC play an important role in strengthening the trust of investors ensuring guarantees of impartiality when resolving legal disputes.
In his turn, Lord Mance noted that the AIFC Court and IAC are the number one option for resolving commercial disputes in Eurasia.
As of today, the AIFC Court and IAC have reviewed 1,091 cases, on 36 of which rulings were issued, and 1,055 arbitration and mediation cases were reviewed by the IAC.
During the meeting, the sides discussed the current activity and further plans of the Court.