A K N

Russian Federation

About International Commercial Arbitration

(  The Federal Act of December 3, 2008 N 250-FZ-

Russian Law Assembly, 2008, n 49, st.

5748; Federal Law of December 29, 2015 N 409-FZ-Assembly

Russian legislation, 2016, N 1, article (29)

This Law:

proceeds from the recognition of the usefulness of arbitration style="mso-spacerun:yes"> (referee)

how of the applied method of resolving disputes, of the resulting in

International Trade, and

Complex

resolve international    Commercial of the in

legally Order;

takes into account about arbitration, contained in

International Treaties of the Russian Federation, style="mso-spacerun:yes"> generic

law, adopted in 1985 by the UN Commission on International Law

trade and approved by the General  UN for possible

using States in your legislation.

SECTION I

GENERAL

Article 1: Scope of application

1. This Law applies to international commercial

arbitration, if the place of arbitration is in the territory Russian

Federation. However,  Article 8, 9, 35 and

36, apply and when the place of arbitration is for

border.

2. international commercial arbitration can by agreement

sides passed:

disputes from of contractual issues style="mso-spacerun:yes"> and other civil-legal relations,

emerging and Other views

international economic relations,  if the business enterprise

at least one of the sides is abroad and

disputes between enterprises s Foreign Investment and International

and organizations, territories

Federation, among style="mso-spacerun:yes"> arguments between their members, are equal to

disputes with other subjects of Russian Federation law.

3. For the purposes of paragraph 2 of this article:

if a party has more style="mso-spacerun:yes"> one business

commercial is considered an enterprise the that has the largest

relation to the arbitration agreement;

if the side does not have business, accepted

account for her permanent residence.

4. This Law does not affect the conduct of any other

Law of the Russian Federation Not

may be passed to the arbitrations or can be passed to arbitration

only in with  other than ,

is contained in this Law.

5. If international of the Federation

has different rules, than those  that contain in Russian

law Arbitration style="mso-spacerun:yes">

international contract rules.

Article 2. Definitions of terms and rules of interpretation

For the purposes of this Law:

"arbitration" means any arbitration (arbitral tribunal) independent

from is formed by the whether it is specifically for consideration of an individual

business or is implemented style="mso-spacerun:yes">

agency, in style="mso-spacerun:yes"> International commercial arbitration

court or Maritime Arbitration   the Trade-Industrial

The Russian Chamber   Federation ( I and II to the  

Law);

Arbitration Court style="mso-spacerun:yes"> means the sole of an arbitrator or a panel

referees (arbitrators);

"court" means    The system

States;

"competent court"   means the Russian Federation

specific procedural

Russian Federation  (paragraph is entered by by the law from  29

December 2015 g. N 404-FZ-Legislative Assembly

Federation, 2016, N 1, 29, takes effect September 1, 2016

years);

when any location of this Law, except

Article 28, gives the parties the ability to make decisions class="GrameE " > by

given question, by can delegate

a solution to a third person, including an institution

if in any This Law has a reference

that the parties have agreed or that they can agree, or in

any of another form style="mso-spacerun:yes"> has reference to such

agreement includes any arbitration rules,

agreement;

when in any provision of this Law, excluding paragraph

first Articles 25 and 32, paragraph 2,  has a reference to a claim, it

also applies to counterclaim, and when there is a [ [ link

for an objection, it applies to an objection to such counterclaim.

Article 3: Receive written messages

1. Unless otherwise agreed by the parties:

any written message style="mso-spacerun:yes"> is received, if

delivered to the addressee personally or to his place of business, to

his habitual residence or postal address; when

not can  be set by the intelligent  ,

written message is deemed to be received, if it is directed by to

last known  Commercial Enterprise

fixed address or mailing address of custom

or any otherwise with registration

attempts to deliver this message;

The message is considered to be received on the day of delivery.

2. This article does not apply to in

court proceedings.

Article 4: Renunciation of the right to objection

If the party is a knows about the position

true Act, from can may be retreating, , or

a requirement of the arbitration agreement, Not

has been observed, and continues to participate in arbitration

trial, No objections to such non-compliance

without undue delay, a  if for this target

any period, - the time,  it is considered

failed of its right to objection.

Article 5: Scope of court intervention

On questions, controlled present Law, no Judicial

interference should not have any place except when it

is provided in this Law.

Article 6: Authorities for certain functions

arbitration assistance and control

1. in paragraphs 3 and 4, 3

Articles 13 and

Russian Federation Chamber of Commerce and Industry.

2. The functions referred to in article 16, paragraph 3, and in paragraph 2 of the article

34, performed by the Supreme Court of the Republic in the composition of the Russian

Federation, edges, oblast, city court, stand alone

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SECTION II

ARBITRATE AGREEMENT

Article 7. Definition and form of arbitration agreement

1. The arbitration agreement is the transfer agreement in

arbitration of all or certain disputes,  that have arisen or can

arise between some   specific

legal relationship, regardless of whether it was contractual in nature

or None. Arbitration can be in 

arbitration clause in contract or as separate agreement.

2. The [ [ arbitration]] agreement is the written  form.

The is considered  in in writing, if it

contained in a document, signed by the parties, or path

exchange letters, messages style="mso-spacerun:yes"> or c

using other communications tools to provide commitment

such agreement, , or path statement of claim and feedback

for a claim that one of the parties claims to have an agreement, and

other does not object to this. Link to document,

containing Arbitration a reservation, is an arbitrationagreement

under condition, style="mso-spacerun:yes"> in in writing and data

reference is such that makes the said reservation part of the treaty.

Article 8: Arbitration agreement and presentation

lawsuit on the merits arguing in court

1. The Court, in which the claim is filed on the subject matter

arbitration agreement, must, if either party requests

this no later than the presentation of their first substantive statement

dispute, terminate production and send parties to arbitration if

will not find, that this agreement is not valid, has no effect or

cannot be executed.

2. In the case of a claim referred to in paragraph 1 present

Articles, arbitrations can be started

or continued  and the award has been rendered, for the time being aborted

submissiveness waits for permission in court.

Article 9: Arbitration agreement and security

court measures

Accessing the in the or in   Arbitration

proceeding with the request for on and

rendering court of the is not

incompatible arbitration Agreement.

SECTION III

OF THREE SUMS

Article 10: Number of arbitrators

1. can to determine the number

arbitrators.

2. If the parties do not define this number, is assigned three

referee.

Article 11. Appointment of arbitrators

1. No person can be deprived of the in

Quality Citizenship, if   side not

agreed otherwise.

2. can at their discretion to agree on the procedure

appointment of arbitrator or arbitrators under of the locations

paragraphs 4 and 5 of this article.

3. In the absence of such an agreement:

arbitration with three referees each

one arbitrator, and two arbitrators so appointed style="mso-spacerun:yes"> assign

third arbitrator; if side will not appoint an arbitrator within 30

days upon receipt of this request from the other side or if

referee within 30 days of their appointment o

third referee, at the request of any party, is produced

The

authority referred to in Article 6, paragraph 1;

arbitration with referee, if is not

contract of arbitrator, any target

is performed by the authority referred to in article 6, paragraph 1.

4. If the target procedure agreed by the parties:

one of the parties does not follow this procedure; or

sides or two may not reach the agreement style="mso-spacerun:yes"> in

compliance with this procedure. or

third person, including creation, does not perform

function assigned to it by this procedure-

Any party may request the authority referred to in paragraph 1. articles

6, take appropriate action, if procedure only

destination does not provide other ways to provide a target.

5. Decision of the authority referred to in article 6 (1), by any

of Issues style="mso-spacerun:yes"> in accordance with the class="GrameE " > c

paragraph 3 or 4 of this article,  to appealed. On

target any any Requirements,

 

considerations that can be provide the assignment of an independent and

dispassionate arbiter, for or

third arbitrator accepts style="mso-spacerun:yes"> also

destination person, that is a citizen

States to which the parties belong.

Article 12: Grounds for challenge of arbitrator

1. In the person accessed the person style="mso-spacerun:yes"> in c

possible appointment as an arbitrator this person must report

any circumstances, that can cause legitimate doubts

relative to its impartiality  or independence. Arbiter c

its assignment to the and in the whole

proceedings should report without delay  to the sides of any

such circumstances, notify their  of these

circumstances earlier

2. The referee can only be declared if

there are circumstances,   Calling reasonable doubts

relative to its impartiality or independence, , or if it

not has Qualification, due to parties

party can challenge the arbitrator,  that it has assigned or in

target only took part, style="mso-spacerun:yes"> by  

which became known to her after his assignment.

Article 13: Procedure for challenge of arbitrator

1. Parties are free to agree on a procedure.

challenge to arbitrator subject to paragraph 3 real

articles.

2. In the absence of such an arrangement a party wishing to do so

challenge arbitrator, must within 15 days after

became known style="mso-spacerun:yes"> court or about any

circumstancesspecified in Article 12, paragraph 2, in writing

inform the arbitral tribunal of motifs  challenge. If the referee

challenge reported, does not recuse itself, or other party does not agree

with the challenge, the challenge is decided by the arbitral tribunal.

3. If about the challenge in any procedure,

agreed by the parties, or the procedure in 2

real articles, not satisfaction, party,

can be within 30 days by  Get

deviations the body specified in article 6, paragraph 1,

accept decision on The last to

appeals. Request by parties expects permission

arbitral tribunal, including the arbitrator,  to which is declared challenge,

continue arbitration   the and the arbitration

solution.

Article 14. Termination of power (mandate) of arbitrator

1. In , when the referee turns out to be legally [ [ or

actually unable to perform its functions or otherwise reasons

does not implement without any permissions

(mandate) is terminated, if takes the recusal or party

agree for Termination style="mso-spacerun:yes"> mandate. Other Cases When

differences remain relative to any of these grounds

any party may contact the authority referred to in paragraph 1 of the article

6 to ask for termination of mandate; this solution

is not subject to appeal.

2. The self-challenge of or consent of the party to terminate it

mandate under this article or paragraph 2 of Article  13

not means accepting any of the grounds,  mentioned in real

article or article 12, paragraph 2.

Article 15. Replacement of arbitrator

If the arbitrator's mandate terminates on the basis of the

or

14, , or because of the the that it takes the recusal for any other reason,

or because of the cancellation of its mandate by the agreement of the parties, all

other termination of his mandate, the other arbiter is nominated by the in

matches with rules that apply to assignment

replacement arbitrator.

SECTION IV

COMPETENT REQUIRED

Article 16. The right of an arbitral tribunal to render

order of expertise

1. can make the order for the own

terms of reference, including any objections to On-hand

or reality   the arbitration agreement. For this target

arbitration clause,   being part of the treaty, must

to be interpreted as an agreement, depends on

contract. The arbitration court's decision that the treaty is negligible, Not

entails for style="mso-spacerun:yes"> null and void

clauses.

2. The of the court's jurisdiction

can be made no later than the

Assignment of a party to the arbitrator or its participation in the appointment of the arbitrator Not

prevents the party from making this statement.

arbitration exceeds the extent of its competence, must be

has been done, as soon as the question is, in the opinion of the party, exits class="GrameE " > per

these limits, will be delivered arbitration procedures.

The arbitral tribunal may in any of these  cases to accept declaration,

one later, if it finds delay justified.

3. The arbitral tribunal may rule on the declaration,

specified in  2 or as in

of a preliminary nature, , or in a decision on the merits of the dispute. If

arbitration to become pre

nature, that it has competence,  any party can in

30 days after receipt notices of this order

ask the court, specified in paragraph 2 of  6,

given question; such a No

party request waits for its permission,  can

continue the trial and make an award.

Article 17. Power of arbitral tribunal to order

about taking interim measures

Unless otherwise agreed by the parties,  The arbitral tribunal can by

request of any party to order any -party

such interim measures in relation to the subject of of the dispute, style="mso-spacerun:yes"> it

considers necessary.  The court may require any

side provide  appropriate class="GrameE " > such

measures.

SECTION V

TERMS OF ARBITRATION

Article 18. Equal treatment of parties

The sides must be  equal relation, , and to each

must be provided by all options for

positions.

Article 19. Defining the rules of procedure

1. Subject to the provisions of this Law,

can style="mso-spacerun:yes">

arbitration by the arbitral tribunal.

2. The arbitration agreement does not have the [ [ tribunal]] style="mso-spacerun:yes"> can be c

complying with   Arbitration

Moot

Authority, granted to the arbitral tribunal, style="mso-spacerun:yes"> includes permissions

for the validity definition, relativity, materiality

significance of any evidence.

Article 20. Place of arbitration

1. Parties may choose on the place

arbitration. In style="mso-spacerun:yes"> arbitration

is determined by the arbitral tribunal in the circumstances of the case,  including

convenience factor for side.

2. Notwithstanding paragraph 1 of this article, arbitration

court may, unless the parties agree otherwise, to be elsewhere

where it considers appropriate for the

between arbitrators, hearing witnesses, experts or parties

to examine goods, other property, or documents.

Article 21. Commencement of arbitral proceedings

If the side is not arbitration

Proceedings in a particular dispute starts on a day,

when request style="mso-spacerun:yes"> arbitration of this arbitration style="mso-spacerun:yes"> received

respondent.

Article 22: Language

1. Parties may, at their own discretion, agree on a language or

languages will be Arbitration

trial. No such absence an arbitration tribunal

defines or languages to use class="GrameE " > at

trial. This kind of arrangement or definition, if in

they are not otherwise specified, are for  any written declaration

sides, any to the and any award

ruling or other arbitration court message.

2. The tribunal may order to use the volume style="mso-spacerun:yes"> for any

Documentary evidence was accompanied by translation into  or

languages, of of which style="mso-spacerun:yes"> or

arbitral tribunal.

Article 23. Claim and Claim Objections

1. Within the time frame agreed upon by the parties or defined

court, plaintiff style="mso-spacerun:yes"> s

supporting its claims requirements,  questionable and o

required satisfaction, and the defendant must declare its objections

for these items, unless the sides are  [ in

relation required such statements. Parties can

submit with their statements all the documents that they

consider relevant, or can make a reference to documents

or other evidence they will present in the future.

2. If the parties did not agree otherwise, during arbitration

proceeding any party may change or to add

claims or objections to the claim,  If only arbitration

court does not consider it inappropriate to allow such a change based

approved delay.

Article 24. Hearing and hearing of documents

1. of any Other of the sides

arbitration accepts do   oral

hearing for evidence or oral arguments

or trial only on documents

other materials. However, style="mso-spacerun:yes"> when the parties

didn' t agree to hold oral hearing, arbitration tribunal style="mso-spacerun:yes"> must

hold this hearing style="mso-spacerun:yes"> in

arbitration

proceedings, if any of the parties so request.

2. Parties sufficiently in advance to be

notice of any hearing and any panel session  vessels

another style="mso-spacerun:yes"> property   or

documents.

3. All statements, documents or other   information,

one from parties should be

passed other Parties should be submitted style="mso-spacerun:yes"> any

experts or other documents

probative value,  can

based on your judgment.

Article 25. Non-submission of documents or non-appearance

parties

Unless otherwise agreed by the parties, class="GrameE " > without

valid reason:

plaintiff is not style="mso-spacerun:yes"> claim statement like

required according to Article 23, paragraph 1, - tribunal

aborts;

The defendant has no objections to the this action,

in 1 article 23, -the arbitral tribunal

continues the trial, without considering such a [ [ Failure

itself as a recognition of the plaintiff's claims;

any side is not 

documentary evidence,  - The arbitral tribunal may continue

process and pass  the existing  

proof

Article 26. Expert appointed by the arbitral tribunal

1. Unless otherwise agreed by the parties, the arbitral tribunal may:

assign one or more  Experts for views

report on specific issues to be determined by third-party

court;

require the side of the expert any

related information or for examinations, , or

providing capabilities   }

documents, goods, or other property.

2. Unless otherwise agreed by the expert, if

side Requests about or if the court  considers  

required,

oral conclusion to participate in the hearing, on which to the Parties

gives the ability to  set to questions and represent

specialists to testify on points of contention.

Article 27. Support of the court in obtaining evidence

The arbitral tribunal or party with the consent of the arbitral tribunal style="mso-spacerun:yes"> vessels can

to the competent court THE RUSSIAN FEDERATION

assistance in can style="mso-spacerun:yes">

request, based on   rules, regarding

evidence, including letters rogatory.

SECTION VI

CALLING ARBITRATION AND DISCONTINUATION

BILLATION

Article 28. Rules applicable to the substance of the dispute

1. The [ [ arbitration court]] resolves to with the style="mso-spacerun:yes"> such

rights to style="mso-spacerun:yes"> -parties chose as applicable

creature of argument. Any the or system  

any of the state style="mso-spacerun:yes">

reference to substantive law this state,

conflict-of-laws rules.

2. In the absence of any indication of the parties the court

uses the right, style="mso-spacerun:yes"> matches with collision-of-laws

rules that it considers applicable.

3. the court accepts style="mso-spacerun:yes"> decision in

compliance with conditions and with trade customs

applicable to this transaction.

Article 29. Delivery of the decision by the panel of arbitrators

In arbitration   in the proceedings, by the panel

referees, any court if is not

agreed otherwise, by most arbitrators.

However, procedure questions can  to resolve referee, to be

Chair of arbitration  vessels, if he is authorized to do so

parties or all other referees.

Article 30. World Agreement

1. If in the arbitration of the { \cs6\f1\cf6\lang1024 }     parties

resolve dispute, style="mso-spacerun:yes"> court terminates the trial and by

party request, and if there is no objection,  commits

this resolution of in the the award solution for agreed

conditions.

2. The arbitration award on the agreed terms must be

rendered in accordance with the provisions of Article 31 and must contain

on style="mso-spacerun:yes"> is the award.

award has the same force and is subject to execution 

like any other arbitration award on the merits of the dispute.

Article 31. Form and contents of award

1. The award should be made in writing

and signed by sole arbitrator or  arbitrators.

trial, arbitrators, enough

the existence of signatures of the majority of the members of the arbitral tribunal style="mso-spacerun:yes"> condition

specifying the reason for no other signatures.

2. The award must be style="mso-spacerun:yes"> motifs, to

output style="mso-spacerun:yes"> or   Variance

claims, the amount of the arbitration fee and the costs of the case,

distributions between the sides.

3. The award should contain its date and place

arbitration as defined by Article 20, paragraph 1.

The award is deemed to be rendered in this location.

4. After , each party's arbitration award must

to be copied, signed by arbitrators style="mso-spacerun:yes"> in matches c

paragraph 1 of this article.

Article 32. Arbitration of

1. The arbitration is terminated Final

arbitration by decision or court order

rendered in accordance with paragraph 2 of this article. style="font-size: 10.0pt; font-family: ">

2. The court issues to o   Termination

arbitration when:

the plaintiff refuses his claim, if only the defendant

not will make objections to

arbitration is not style="mso-spacerun:yes"> recognizes the legitimate of the defendant class="GrameE " > in

final dispute resolution

parties agree to terminate the proceedings;

The tribunal finds, continuation of the trial

is unnecessary or impossible for any reason.

3. The tribunal's tribunal's mandate is terminated class="GrameE " > c

termination of arbitration, without prejudice, however, class="GrameE " > for

article 33 and article 34, paragraph 4.

4. to terminate  Arbitration

each side must be a an instance signed

referees in  with with 1 1 (para. 4

Federal Act of December 29, 2015  g. N 409-FZ -Collection

Russian legislation, 2016, N 1, article 29, joining

effective September 1, 2016).

Article 33. Correction and interpretation of the decision.

Optional Solution

1. Within 30 days upon receipt of the award if

sides cannot agree on another deadline:

any of sides, this other side,  can

ask an arbitral tribunal to correct any of the decisions errors

in calculations, descriptions, or typographical errors  or other analogouserrors

;

if  the agreement between parties

any of sides, by notifying the other party, can ask

tribunal to interpret any particular of the paragraph style="mso-spacerun:yes"> or

part of the solution.

The arbitration court, if it considers it Please be justified, must in

30 days to make the appropriate patches

or an interpretation. This interpretation becomes a composite parts

arbitral award

2. 30 days, dates

arbitral decision, style="mso-spacerun:yes"> your initiative to correct any

errors specified in paragraph 2 of paragraph 1 of this article.

3. If the sides have not otherwise, any of the party,

notified another  side, can 30 days style="mso-spacerun:yes"> by

get award tribunal style="mso-spacerun:yes">

additional solution in requirements

raised in style="mso-spacerun:yes"> in the arbitration

reflected in judgment. Court of Arbitration, if  it   will consider a request

acquitted, 60 days  if it is received

additional arbitration award

4. The arbitral tribunal may extend the period of time, if necessary

within of which he must correct the errors,  Interpretation or

make additional award according to

1 or 3 of this article.

5. to use

fixing or interpreting the arbitration of the or in

additional award.

6. In the style="mso-spacerun:yes"> relation

fixes or explanations of the award or in the relation

additional award, award,

Accepted on 5 of this articles

(para. 6 by Federal Act of December 29, 2015)  N 409-FZ

Russian Law Assembly, 2016, N 1, st.

29, takes effect September 1, 2016

SECTION VII

ARBITRATE ARBITRATION

Article 34. Motion for Excepting Exception

a challenge tool arbitration award

1. The tribunal's can be contested by the style="mso-spacerun:yes">

only style="mso-spacerun:yes"> cancel class="GrameE " > in

matches paragraphs 2 and 3 of this article.

2. The award can be reversed by the court, specified by in

clause 2 of Article 6, only in the case of if:

1) side, declaring the request cancel, will present

evidence that:

one of the parties to the arbitration agreement specified in the article 7,

was in any of or is an agreement

is not valid according to the law, of which the parties have subordinated it, style="mso-spacerun:yes"> to

absence of this direction-by THE RUSSIAN FEDERATION

it has not been properly notified  appointment of the arbitrator

or arbitration or other reasons could not

present their explanations; or

judgement rendered by argument, not for arbitration

agreement or not falling style="mso-spacerun:yes">

questions, output

agreements, however, style="mso-spacerun:yes"> if

covered by the arbitration agreement,  can be separate from those

is not covered by this agreement, can be canceled

only the part of the award contains

resolutions on issues not covered by arbitration agreement;

or

Arbitration of the or the procedure is not

matches the agreement of the parties, unless such an agreement Not

contradicts any position style="mso-spacerun:yes">

parties cannot derogate, or in the absence of such an agreement Not

were in compliance with this Law; or

2) The court determines that:

object of argument is not arbitration

proceedings under Russian Federation law; or

arbitration award contrary to public policy class="Gram" "> Russian

Federation.

3. Motion to Cancel cannot be claimed

three months after receipt by the claimant party

arbitral award, in  if was Request class="GrameE " > in

matches 33, -from the day of the arbitration court

resolution on this request.

4. The Court, in submitted an application for the annulment of the arbitration

solutions, may, if it considers it appropriate and if this requests

one of the parties to suspend production by

this question, with

ability to resume arbitration or take

other actions, style="mso-spacerun:yes"> vessels,  will allow

correct the grounds for cancelling an award.

SECTION VIII

RECOGNITION AND CONDUCATION IN EXECUTION

ARBITRATION DECISIONS

Article 35. Recognition and enforcement

Arbitral award

1. The award, regardless of the country in which it is

was rendered, is required to be submitted to the competent

court written in with

provisions of this article and article 36.

2. Side, -based by of the award   or

applying to execute it, must present

must of authenticated original or

must of authenticated copy class="GrameE " > true

arbitration agreement listed in Article 7, or properly

certified copy of this one. If the award is or agreement

language, the party must present

certified translation of these documents into Russian.

3. In the rendering of the Russian Federations

arbitral decision, is not style="mso-spacerun:yes"> executions in

side against which is specified by  solution, has

raise objections to recognizing the specified solution in Russian

Federation by style="mso-spacerun:yes"> and procedures that are installed

procedural legislation style="mso-spacerun:yes"> Russian

provided by Federal Law from  29 December N N 409 -FZ -

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}

{ \cs6\f1\cf6\lang1024 } Russian Federation Law{ \cs6\f1\cf6\lang1024

} 29,

takes effect September 1, 2016)

Article 36. Grounds for refusal of recognition or

cast execution arbitration award

1. in the execution of the arbitration

solutions, regardless of the country in which it was passed, may

to be denied only:

1) at the request of the party against which it is directed this

party will present to the competent  a court, in which is requested

recognition or enforcement, proof that:

one of the parties to the arbitration agreement specified in the article 7,

was in any of or is an agreement

is not valid according to the law, of which the parties have subordinated it, style="mso-spacerun:yes"> to

absence -By law of the country, where the solution was

rendered; or

the party against style="mso-spacerun:yes"> was due

notified or about   by arbitration

Proceedings or on other reasons could not present their

explanations; or

judgement rendered by argument, not for arbitration

agreement or not falling style="mso-spacerun:yes">

questions, output

agreements, however, style="mso-spacerun:yes"> if

covered by the arbitration agreement,  can be separate from those

is not covered by this Agreement, that part of the arbitration

solutions, in which contains by

covered in of arbitration  , can be recognized and

A or

Arbitration of the or the procedure is not

matched with the  In or in

corresponded to the law of the country where the arbitration had occurred; or

not yet the solution style="mso-spacerun:yes"> is required for , , or was

cancelled, or suspended by the court style="mso-spacerun:yes"> countries, in

which or in the law of which it was passed;

or

2) if the court finds that:

object of argument is not can be the object of the arbitration

proceedings under Russian Federation law; or

Recognition and enforcement of this arbitration solutions

is contrary to the public policy of the Russian Federation.

2. If in court, specified in paragraph 1 (1) of paragraph 1

real s articles, declared style="mso-spacerun:yes"> request or

suspend execution The award, court, in

requested recognition or enforcement, can, if

thought it appropriate, to postpone the delivery of its decision style="mso-spacerun:yes"> and

also on motion of that the party that is asking for recognition or

casts in execution of the award another

party to provide proper security.

Moscow, House of Russia

7 July 1993

N 5338-I

Annex I

to the Russian Federation Law

" About International Commercial

arbitration" from 7 July 1993

N 5338-I

The International clause commercial

tribunal at Trade-Industrial

House of Russian Federation

1. International commercial arbitration is

self-contained consistently style="mso-spacerun:yes"> the arbitration

(arbitral tribunal) carrying out its activities in accordance

with Russian Law style="mso-spacerun:yes"> Federation international commercial

arbitration".

{ \cs37\b Chamber of Commerce }   Russian states

Rules of the International Commercial Arbitration Court style="mso-spacerun:yes"> order

Calculating of an arbitration fee,  Fees for arbitrators and others

costs of court, other assistance to its activities.

2. The commercial arbitration can be style="mso-spacerun:yes"> to

party agreement passed:

disputes from of contractual issues style="mso-spacerun:yes"> and other civil-legal relationships

emerging and Other views

international economic relations,  if the business enterprise

at least one of the parties to the dispute is abroad and

disputes between enterprises s Foreign Investment and International

and organizations, territories

Federation, among style="mso-spacerun:yes"> arguments between their members, are equal to

disputes with other subjects of Russian Federation law.

Civil-Law relations,  disputes can

passed to the commercial commercial

ships, include, in particular, the sales relationship (shipping)

products, perform works, services, and exchange of goods, and (or)

services, transport     Goods and of the passengers, Commercial

and    Mediation, lease (leasing)

science and technology exchange, sharing other results class="GrameE " > creative

activity, construction of industrial and other objects, licensed

operations, investments, credit transactions, insurance,

joint business and  Other forms of Industrial and

enterprise cooperation.

3. Commercial The tribunal takes class="GrameE " > to

its consideration of and disputes, its jurisdiction is in effect

Treaties of the Russian Federation.

4. International commercial arbitration under

Manufacturing room   The Russian Federation is

successor of the Arbitration Court at the Chamber of Commerce and Industry USSR,

formed in 1932, , and, in rights to settle disputes

in of the parties ' agreements Arbitration

Court in the Chamber of Commerce and Industry of the USSR.

5. The Commercial Court of Arbitration

is executed by the parties within a specified period of time. If Execution Date

in of the decision is not style="mso-spacerun:yes"> specified it is immediately executed. Not

executed in a lifetime according to c

law and international treaties.

6. Cases to in International

Commercial Arbitration Court, may, upon request

to set the size and form of the requirement.

Appendix II

to the Russian Federation Law

" About International Commercial

arbitration" dated July 7, 1993

N 5338-I

The Maritime Arbitration Commission Regulation

at the Russian Federation Chamber of Commerce and Industry

1. The [ [ award]] of the commission is self-sufficient

fixed arbitration by an institution (the arbitral tribunal),

implementing activity Disputes concerning the Settlement of Disputes

jurisdiction style="mso-spacerun:yes"> 2 of this Position, according to c

Russian Federation

Law style="mso-spacerun:yes"> international commercial

arbitration".

{ \cs37\b Chamber of Commerce }   Russian states

Orders, Sea   The arbitration of the commission, the calculation

arbitration fee, and other expenses

Commission, assisting in its activities.

2. The commission resolves disputes,  

of Contract and other civil-legal relations

arising of trade navigation, regardless of whether or not

sides of such relations are Russian and foreign subjects or

only Russian or only  Foreign is right. In particular

Marine arbitration style="mso-spacerun:yes"> resolves

relationships:

1) style="mso-spacerun:yes"> ships, shipping of goods, and

multimodal transport (river-sea);

2) on the tug of vessels and other floating objects;

3) on marine insurance and reinsurance;

4 Related from sales, for and marine repair

ships and other floating objects;

5) o pilotage style="mso-spacerun:yes"> and the transaction, agent , and  other

shipping, , and  Internal navigation vessels,

because the corresponding operations are related to the navigation Courts

By Sea Path;

6) related using for the implementation of scientific

studies, mining,  Hydrotechnical and Other

works;

7) style="mso-spacerun:yes"> ships or by the ship style="mso-spacerun:yes"> ships

Internal swimming, style="mso-spacerun:yes"> also on seawater rescue

inland navigation of another inland navigation vessel;

8) related with in the sea of ships  and another

properties;

9) Clashes related to the collision of ships, ship and

inland navigation vessel, inland navigation vessels style="mso-spacerun:yes"> in maritime

water, with the vessel  of   port

constructions, aids to navigation and other objects;

10) related with damage to fishing networks and

other mining tools (catch) water  Biological

also with Other harming in an industrial

{ \cs6\f1\cf6\lang1024 } { \cs6\f1\cf6\lang1024

}

{ \cs6\f1\cf6\lang1024 } style="mso-spacerun:yes"> December 2008 g

250-FZ -Collection of Russian legislation, 2008, N

49, 100 5748).

Maritime arbitration style="mso-spacerun:yes">

resolves

arising in connection with the navigation of ships and style="mso-spacerun:yes"> Internal

swimming in international rivers, in cases, specified in present

article, equals disputes, related ships

inland navigation { \cs6\f1\cf6\lang1024

3. The Maritime Arbitration Commission is considering disputes

their   on

permission.

The Commission also takes up disputes that parties

must delegate to it international treaties

Russian Federation.

4. The Case to consider the Sea   The arbitration

commission, Chairman   The Commission may request the of the

set the size and shape of the requirement and, in particular

make order style="mso-spacerun:yes"> arrests on   in

Russian port of a vessel or other party's cargo.

5. The decisions of the Maritime Arbitration Commission are executed by the parties

voluntarily. The Commission's decision not voluntarily performed by the party

in execution in Law and International

contracts.

6. The implementation order, provided by on

reason

Locations,

Chairman of the Maritime Arbitration Commission on the entry of its decision

legally valid.

7. The } Commercial-Industrial

Russian Federation House is the successor to the Maritime Arbitration

Commission on the Chamber of Commerce and Industry of the USSR, 1930

, , and, in in particular allow to resolve disputes style="mso-spacerun:yes">

sides style="mso-spacerun:yes"> Maritime arbitration

Commission at Chamber of Commerce and Industry of the USSR.