Abstract

The new Court of the Astana International Financial Center is an interesting dispute resolution initiative meant to attract investors in much the same way as it has been done in the case of the courts and arbitration mechanisms of similar financial centres in the Persian Gulf. This paper examines such initiatives from a comparative perspective, focusing on their Private International Law aspects such as jurisdiction, applicable law and recognition and enforcement of judgments and arbitration awards. It concludes that their success, especially in the case of the younger Courts, will depend on the ability to build harmonious relationships with the domestic courts of each host country.

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