In Russia, it would make sense to create a separate structure within the courts. To choose arbitration court specialists and judges to deal only with international disputes beyond the borders of one country. <...> Then foreign investors would have confidence that there would be uniform standards of case consideration in the Russian courts. <...> I think it is very important for Russia to think about taking advantage of international experience. There is an ICSID Convention that Russia should have joined. <...> Just do not forget that 154 countries in the world have already ratified the ICSID Convention, but Russia is yet to do so. <...> Russia certainly adheres to international norms, but these little things are stepping stones towards the trust of international investor — Francis Xavier, S.C.; Partner, Rajah & Tann Singapore.
In fact, Singapore shows the world, including Russia, how it is possible to attract investment and create a great investment climate through the proper organization of the legal framework and creating a legal gateway in Asia. It is important for investors that when they go to new markets, apart from investments protection guarantees, they have confidence in clear game rules for many years. They should know, that the state will make sure that no additional barriers are created, and the investment climate remains predictably stable — Igor Krasnov, Senior Vice President, State Development Corporation "VEB.RF".
I visited almost all of Singapore's major firms, and I was impressed. I was impressed by the scale of their operations, the scale of their thinking and the scope of their international regional business. <...> Singapore does invest huge resources, funds, and legal infrastructure. This legal infrastructure is unique — Dmitriy Dyakin, Partner, Egorov Puginsky Afanasiev & Partners .
Singapore offers a range of different options. <...> A variety of options you have to resolve your disputes. If you have a commercial dispute, if you want to go to court, you can go to the Singapore International Arbitration Centre. You can contact us if you need arbitration. This is extremely important. Each transaction depending on its matrix will require you to make a certain strategic choice — Alyona Bitkivskaya, Associate Mediator, Singapore International Arbitration Centre.