European arbitration chamber opens in Georgia
Georgia, Tbilisi, Nov.12 / Trend N.Kirtzkhalia
European Arbitration Chamber has been opened in Georgia. Its presentation was held at the Radisson Hotel.
The Chamber will consider international litigation between legal entities, as well as legal and physical entities, but will not consider litigation of business structures with the state
Business entities operating in Caucasus had to appeal to London firstly, which is connected with solid costs and time
European Chamber in Tbilisi will serve Georgian, Azerbaijan, Armenian business people, and the payment will make up 1.5- 3 percent of the disputed amount.