Arbitration proceedings under international regime - an overview on the Albanian legislation

In recent years, globalization has brought the spirit of breaking down cultural and social barriers between people and particularly has accelerated communication and economic cooperation between states. In this context, legal issues regulating these relations can not remain within national framework...

Full description

Bibliographic Details
Main Author: Artan SPAHIU
Format: Article
Language:English
Published: Bucharest University of Economic Studies 2012-12-01
Series:Juridical Tribune
Subjects:
Online Access:http://www.tribunajuridica.eu/arhiva/An2v2/art2.pdf
_version_ 1797219001114296320
author Artan SPAHIU
author_facet Artan SPAHIU
author_sort Artan SPAHIU
collection DOAJ
description In recent years, globalization has brought the spirit of breaking down cultural and social barriers between people and particularly has accelerated communication and economic cooperation between states. In this context, legal issues regulating these relations can not remain within national frameworks but have received more and more an international prospective. A clear example of this context is the international commercial arbitration. The great increase of the international trade and companies investment in foreign countries is associated with the tendency to transform the international commercial arbitration into a mechanism used increasingly to settle disputes arising from these relationships. Through this paper, highlighting the main features of international commercial arbitration will be presented a comparative overview between international legal framework and domestic provisions of the Albanian legislation, governing the arbitration proceedings. In this way, will be presented the problematic issues which are addressed by the domestic legal framework in this area, as well as the necessity for eventual changes. Adoption and implementation of legal instruments, which provide contemporary improvements of arbitration institute, in accordance with the international legal framework, will be a good service to the integration process of the Albanian economy.
first_indexed 2024-04-24T12:26:42Z
format Article
id doaj.art-bfa32dc6fe9141968a61bdfdf4534585
institution Directory Open Access Journal
issn 2247-7195
2248-0382
language English
last_indexed 2024-04-24T12:26:42Z
publishDate 2012-12-01
publisher Bucharest University of Economic Studies
record_format Article
series Juridical Tribune
spelling doaj.art-bfa32dc6fe9141968a61bdfdf45345852024-04-08T07:43:03ZengBucharest University of Economic StudiesJuridical Tribune2247-71952248-03822012-12-01221230Arbitration proceedings under international regime - an overview on the Albanian legislationArtan SPAHIU0"Economics and Law" Department, Faculty of Economy, "A. Xhuvani" University, Elbasan, Albania,In recent years, globalization has brought the spirit of breaking down cultural and social barriers between people and particularly has accelerated communication and economic cooperation between states. In this context, legal issues regulating these relations can not remain within national frameworks but have received more and more an international prospective. A clear example of this context is the international commercial arbitration. The great increase of the international trade and companies investment in foreign countries is associated with the tendency to transform the international commercial arbitration into a mechanism used increasingly to settle disputes arising from these relationships. Through this paper, highlighting the main features of international commercial arbitration will be presented a comparative overview between international legal framework and domestic provisions of the Albanian legislation, governing the arbitration proceedings. In this way, will be presented the problematic issues which are addressed by the domestic legal framework in this area, as well as the necessity for eventual changes. Adoption and implementation of legal instruments, which provide contemporary improvements of arbitration institute, in accordance with the international legal framework, will be a good service to the integration process of the Albanian economy.http://www.tribunajuridica.eu/arhiva/An2v2/art2.pdfarbitrationinternationalprocedureAlbanialegislation
spellingShingle Artan SPAHIU
Arbitration proceedings under international regime - an overview on the Albanian legislation
Juridical Tribune
arbitration
international
procedure
Albania
legislation
title Arbitration proceedings under international regime - an overview on the Albanian legislation
title_full Arbitration proceedings under international regime - an overview on the Albanian legislation
title_fullStr Arbitration proceedings under international regime - an overview on the Albanian legislation
title_full_unstemmed Arbitration proceedings under international regime - an overview on the Albanian legislation
title_short Arbitration proceedings under international regime - an overview on the Albanian legislation
title_sort arbitration proceedings under international regime an overview on the albanian legislation
topic arbitration
international
procedure
Albania
legislation
url http://www.tribunajuridica.eu/arhiva/An2v2/art2.pdf
work_keys_str_mv AT artanspahiu arbitrationproceedingsunderinternationalregimeanoverviewonthealbanianlegislation