News and developments
Current Trends in International Arbitration and Their Impact on Business in Uzbekistan
In 2024, the number of registered arbitration cases increased by 25%, reaching 75 cases. This growth is driven by several key factors.
Firstly, the introduction of online platforms for conducting arbitration hearings has significantly reduced costs and accelerated processes. In 2024, around 15% of all arbitration proceedings involved the use of AI systems for evidence analysis and dispute outcome prediction, which also contributed to more efficient and fair dispute resolution.
Secondly, the role of arbitration in the energy sector is of significant importance. In 2024, the volume of contracts concluded in this sector reached 3 billion USD, which is 20% more than in 2023. This indicates growing investor confidence in arbitration mechanisms in Uzbekistan, especially in key economic sectors such as energy.
Digests Global Law Firm strives to become a leader in providing arbitration services for foreign investors. We actively implement advanced technologies and attract highly qualified specialists to ensure efficient and fair dispute resolution. Our commitment to innovation and high level of professionalism allows us to provide clients with high-quality legal services that meet international standards.