[et_pb_section fb_built=”1″ _builder_version=”4.27.4″ _module_preset=”default” background_color=”#0B0B0B” background_image=”https:\/\/www.viac.eu\/wp-content\/uploads\/2025\/01\/flaggen-international-adobestock-sergey-ryzhov-211680403-scaled.jpeg” min_height=”60vh” global_colors_info=”{}”][et_pb_row _builder_version=”4.27.4″ _module_preset=”default” background_color=”#ffffff” max_width=”935px” module_alignment=”left” custom_margin=”280px|auto||auto|false|false” custom_padding=”|45px||45px|false|false” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.24.0″ _module_preset=”default” global_colors_info=”{}”][et_pb_text _builder_version=”4.27.4″ _module_preset=”default” text_text_color=”#0B0B0B” text_font_size=”18px” header_font=”|700|||||||” header_text_align=”left” header_font_size=”60px” custom_padding=”|60px||60px|false|false” global_colors_info=”{}”]<\/p>\n
In the context of investment proceedings, the Vienna International Arbitral Centre (VIAC) of the Austrian Federal Economic Chamber (WKO) supports parties by providing arbitration and mediation rules (Vienna Investment Arbitration Rules and Vienna Investment Mediation Rules 2021) for the settlement of disputes between foreign investors and host states.<\/p>\n
[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=”1″ _builder_version=”4.27.4″ _module_preset=”default” global_colors_info=”{}”][et_pb_row _builder_version=”4.27.4″ _module_preset=”default” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.27.4″ _module_preset=”default” global_colors_info=”{}”][et_pb_heading title=”What is investment arbitration and mediation?” _builder_version=”4.27.4″ _module_preset=”default” title_font_size=”32px” global_colors_info=”{}”][\/et_pb_heading][et_pb_text _builder_version=”4.27.4″ _module_preset=”default” text_text_color=”#0B0B0B” text_font_size=”18px” global_colors_info=”{}”]<\/p>\n
Investment arbitration and mediation allows a foreign investor to directly invocate its claims against the host state in which it has invested in the event of a dispute. If investment arbitration or mediation proceedings are initiated, access is therefore provided to independent and qualified arbitrators who, in accordance with various standards of protection granted under international agreements, decide on the dispute and render an enforceable award.<\/p>\n
[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row column_structure=”1_2,1_2″ _builder_version=”4.27.4″ _module_preset=”default” global_colors_info=”{}”][et_pb_column type=”1_2″ _builder_version=”4.27.4″ _module_preset=”default” global_colors_info=”{}”][et_pb_blurb title=”Legal Certainty” use_icon=”on” font_icon=”||divi||400″ icon_color=”#4D4D4D” _builder_version=”4.27.4″ _module_preset=”default” body_font_size=”18px” global_colors_info=”{}”]<\/p>\n
Investment arbitration offers legal certainty and promotes private investments and successful business developments.\u00a0<\/p>\n
[\/et_pb_blurb][\/et_pb_column][et_pb_column type=”1_2″ _builder_version=”4.27.4″ _module_preset=”default” global_colors_info=”{}”][et_pb_blurb title=”De-Politicisation” use_icon=”on” font_icon=”agsdix-smt1-flag||fa||400″ icon_color=”#4D4D4D” _builder_version=”4.27.4″ _module_preset=”default” body_font_size=”18px” global_colors_info=”{}”]<\/p>\n
Investment arbitration de-politicises investment disputes.\u00a0<\/p>\n
[\/et_pb_blurb][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=”1″ _builder_version=”4.27.4″ _module_preset=”default” background_color=”#e8e8e8″ global_colors_info=”{}”][et_pb_row _builder_version=”4.27.4″ _module_preset=”default” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.27.4″ _module_preset=”default” global_colors_info=”{}”][et_pb_text _builder_version=”4.27.4″ _module_preset=”default” header_font_size=”32px” header_2_font_size=”32px” global_colors_info=”{}”]<\/p>\n
[\/et_pb_text][et_pb_text _builder_version=”4.27.4″ _module_preset=”default” text_font_size=”18px” global_colors_info=”{}”]<\/p>\n
VIAC provides access to independent and qualified arbitrators who decide disputes and issue decisions in accordance with protection standards based on international investment protection agreements.<\/p>\n
The Vienna Investment Arbitration Rules 2021 take into account the special features of investment arbitration while preserving the procedural flexibility of the Vienna Rules.<\/p>\n
As an effective alternative to the arbitration rules applied in traditional investment arbitration proceedings, they are particularly well suited to parties located in Central and Eastern Europe and Southern Eastern Europe and to smaller investment disputes.<\/p>\n
The Vienna Rules apply if there is an agreement to arbitrate investment disputes arising out of a treaty, agreement, law or other instrument involving a state, state-controlled enterprise or intergovernmental organisation.<\/p>\n
In addition, the Vienna Rules may be subsequently agreed by the parties.<\/p>\n
VIAC provides access to independent and qualified arbitrators who decide disputes and issue decisions in accordance with protection standards based on international investment protection agreements.<\/p>\n
[\/et_pb_text][et_pb_button button_url=”@ET-DC@eyJkeW5hbWljIjp0cnVlLCJjb250ZW50IjoicG9zdF9saW5rX3VybF9wYWdlIiwic2V0dGluZ3MiOnsicG9zdF9pZCI6IjExMzQifX0=@” url_new_window=”on” button_text=”Vienna Investment Arbitration Rules 2021″ _builder_version=”4.27.4″ _dynamic_attributes=”button_url” _module_preset=”default” custom_button=”on” button_text_size=”14px” button_text_color=”#4D4D4D” button_border_radius=”0px” button_font=”||||on|||RGBA(255,255,255,0)|” button_icon=”=||divi||400″ button_on_hover=”off” global_colors_info=”{}”][\/et_pb_button][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=”1″ _builder_version=”4.27.4″ _module_preset=”default” global_colors_info=”{}”][et_pb_row _builder_version=”4.27.4″ _module_preset=”default” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.27.4″ _module_preset=”default” global_colors_info=”{}”][et_pb_text _builder_version=”4.27.4″ _module_preset=”default” header_font_size=”32px” header_2_font_size=”32px” global_colors_info=”{}”]<\/p>\n
[\/et_pb_text][et_pb_text _builder_version=”4.27.4″ _module_preset=”default” text_font_size=”18px” global_colors_info=”{}”]<\/p>\n
The Vienna Investment Arbitration Rules 2021 take into account the special features of investment arbitration while preserving the procedural flexibility of the Vienna Rules. Some of the advantages of our professional support in investment arbitration proceedings:<\/p>\n
[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row column_structure=”1_4,1_4,1_4,1_4″ _builder_version=”4.27.4″ _module_preset=”default” global_colors_info=”{}”][et_pb_column type=”1_4″ _builder_version=”4.27.4″ _module_preset=”default” global_colors_info=”{}”][et_pb_blurb title=”Requirements for Parties and Disputes” use_icon=”on” font_icon=”agsdix-smt2-list||fa||400″ icon_color=”#4D4D4D” _builder_version=”4.27.4″ _module_preset=”default” global_colors_info=”{}”]<\/p>\n
As an effective alternative to the arbitration rules applied in traditional investment arbitration proceedings, they are particularly well suited to parties located in Central and Eastern Europe and Southern Eastern Europe and to smaller investment disputes.The Vienna Investment Arbitration Rules 2021 take into account the special features of investment arbitration while preserving the procedural flexibility of the Vienna Rules. <\/p>\n
[\/et_pb_blurb][\/et_pb_column][et_pb_column type=”1_4″ _builder_version=”4.27.4″ _module_preset=”default” global_colors_info=”{}”][et_pb_blurb title=”Streamlined Proceedings” use_icon=”on” font_icon=”agsdix-smt1-fast-forward||fa||400″ icon_color=”#4D4D4D” _builder_version=”4.27.4″ _module_preset=”default” global_colors_info=”{}”]<\/p>\n
Short time limits contribute to the speedy handling of proceedings. Any pleas concerning a lack of jurisdiction on the part of the arbitral tribunal must be raised at the latest with the first pleading in the case. <\/p>\n
[\/et_pb_blurb][\/et_pb_column][et_pb_column type=”1_4″ _builder_version=”4.27.4″ _module_preset=”default” global_colors_info=”{}”][et_pb_blurb title=”Amicus Curiae” use_icon=”on” font_icon=”agsdix-fas fa-user-friends||fa||400″ icon_color=”#4D4D4D” _builder_version=”4.27.4″ _module_preset=”default” global_colors_info=”{}”]<\/p>\n
In arbitration proceedings based on an agreement, parties not involved in the dispute, e.g. international organisations, may submit written statements on questions of fact or law. To do so, a party not involved in the dispute must submit an application to the arbitral tribunal. The latter decides on the application after hearing all of the parties (involved) and taking all of the circumstances into account. In addition, the arbitral tribunal may also invite parties not involved in the dispute to submit a statement.<\/p>\n
[\/et_pb_blurb][\/et_pb_column][et_pb_column type=”1_4″ _builder_version=”4.27.4″ _module_preset=”default” global_colors_info=”{}”][et_pb_blurb title=”Premature Dismissal” use_icon=”on” font_icon=”||divi||400″ icon_color=”#4D4D4D” _builder_version=”4.27.4″ _module_preset=”default” global_colors_info=”{}”]<\/p>\n
Obviously unfounded claims, counterclaims and defence statements may be dismissed prematurely. The arbitral tribunal must reach a decision within 60 days of receiving the last written statement.<\/p>\n
[\/et_pb_blurb][\/et_pb_column][\/et_pb_row][et_pb_row column_structure=”1_4,1_4,1_4,1_4″ _builder_version=”4.27.4″ _module_preset=”default” global_colors_info=”{}”][et_pb_column type=”1_4″ _builder_version=”4.27.4″ _module_preset=”default” global_colors_info=”{}”][et_pb_blurb title=”Third Party Funding” use_icon=”on” font_icon=”||divi||400″ icon_color=”#4D4D4D” _builder_version=”4.27.4″ _module_preset=”default” global_colors_info=”{}”]<\/p>\n
The Vienna Rules provide for a disclosure obligation for litigation funders.<\/p>\n
[\/et_pb_blurb][\/et_pb_column][et_pb_column type=”1_4″ _builder_version=”4.27.4″ _module_preset=”default” global_colors_info=”{}”][et_pb_blurb title=”Fast Arbitral Awards” use_icon=”on” font_icon=”agsdix-fas fa-file-contract||fa||400″ icon_color=”#4D4D4D” _builder_version=”4.27.4″ _module_preset=”default” global_colors_info=”{}”]<\/p>\n
The arbitral tribunals must issue an award no later than six months after the last hearing or the submission of the last admissible pleading, whichever comes last.<\/p>\n
[\/et_pb_blurb][\/et_pb_column][et_pb_column type=”1_4″ _builder_version=”4.27.4″ _module_preset=”default” global_colors_info=”{}”][et_pb_blurb title=”Lower Costs” use_icon=”on” font_icon=”||divi||400″ icon_color=”#4D4D4D” _builder_version=”4.27.4″ _module_preset=”default” global_colors_info=”{}”]<\/p>\n
VIAC Investment Arbitrations are cost-effective and are particularly suited to smaller investment disputes.\u00a0<\/p>\n
[\/et_pb_blurb][\/et_pb_column][et_pb_column type=”1_4″ _builder_version=”4.27.4″ _module_preset=”default” global_colors_info=”{}”][\/et_pb_column][\/et_pb_row][et_pb_row _builder_version=”4.27.4″ _module_preset=”default” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.27.4″ _module_preset=”default” global_colors_info=”{}”][et_pb_text _builder_version=”4.27.4″ _module_preset=”default” text_font_size=”18px” global_colors_info=”{}”]<\/p>\n
The result of an investment arbitration is an arbitral award that can be enforced almost anywhere in the world with minimal scope for appeal.<\/p>\n
[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row _builder_version=”4.27.0″ _module_preset=”default” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.27.0″ _module_preset=”default” global_colors_info=”{}”][et_pb_testimonial author=”Claudia Annacker” job_title=”VIAC Board Member” portrait_url=”https:\/\/www.viac.eu\/wp-content\/uploads\/2024\/06\/8.png” portrait_width=”200px” portrait_height=”200px” use_icon_font_size=”on” icon_font_size=”41px” _builder_version=”4.27.4″ _module_preset=”default” body_font=”||on||||||” body_font_size=”26px” background_color=”#e8e8e8″ hover_enabled=”0″ border_radii_portrait=”on|0px|0px|0px|0px” global_colors_info=”{}” sticky_enabled=”0″]<\/p>\n
The Vienna Investment Arbitration Rules facilitate the efficient resolution of investment disputes and solve two main problems of users: Duration and costs.<\/p>\n
[\/et_pb_testimonial][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=”1″ _builder_version=”4.27.4″ _module_preset=”default” background_color=”#e8e8e8″ global_colors_info=”{}”][et_pb_row _builder_version=”4.27.0″ _module_preset=”default” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.27.0″ _module_preset=”default” global_colors_info=”{}”][et_pb_text _builder_version=”4.27.0″ _module_preset=”default” global_colors_info=”{}”]<\/p>\n
[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row column_structure=”1_3,1_3,1_3″ _builder_version=”4.27.4″ _module_preset=”default” global_colors_info=”{}”][et_pb_column type=”1_3″ _builder_version=”4.27.4″ _module_preset=”default” global_colors_info=”{}”][dsm_card title=”New York \u00dcbereinkommen \u00fcber die Anerkennung und Vollstreckung ausl\u00e4ndischer Schiedsspr\u00fcche 1958″ badge_text=”Badget text” badge_url_new_window=”on” button_text=”Read more” button_url_new_window=”on” module_class=”dsm-card-justified” _builder_version=”4.27.4″ _module_preset=”default” background_color=”#8e8e8e” custom_button=”on” button_text_size=”14px” button_text_color=”#ffffff” button_border_radius=”0px” button_icon=”=||divi||400″ button_on_hover=”off” height=”200px” custom_css_free_form=”.dsm-card-justified .et_pb_module_inner {|| height: 100%||}||||.dsm-card-justified .dsm_card_wrapper {|| height: 100%;|| display: flex;|| flex-direction: column;|| justify-content: space-between !important;||}” global_colors_info=”{}”][\/dsm_card][dsm_card title=”UNCITRAL Arbitration Rules” badge_text=”Badget text” badge_url_new_window=”on” button_text=”Read more” button_url_new_window=”on” module_class=”dsm-card-justified” _builder_version=”4.27.4″ _module_preset=”default” background_color=”#8e8e8e” custom_button=”on” button_text_size=”14px” button_text_color=”#ffffff” button_border_radius=”0px” button_icon=”=||divi||400″ button_on_hover=”off” height=”200px” global_colors_info=”{}”][\/dsm_card][\/et_pb_column][et_pb_column type=”1_3″ _builder_version=”4.27.4″ _module_preset=”default” global_colors_info=”{}”][dsm_card title=”Vienna Rules for Investment Procedures” badge_text=”Badget text” badge_url_new_window=”on” button_text=”Read more” button_url=”@ET-DC@eyJkeW5hbWljIjp0cnVlLCJjb250ZW50IjoicG9zdF9saW5rX3VybF9wYWdlIiwic2V0dGluZ3MiOnsicG9zdF9pZCI6IjMwNDgifX0=@” button_url_new_window=”on” module_class=”dsm-card-justified” _builder_version=”4.27.4″ _dynamic_attributes=”button_url” _module_preset=”default” background_color=”#8e8e8e” custom_button=”on” button_text_size=”14px” button_text_color=”#ffffff” button_border_radius=”0px” button_icon=”=||divi||400″ button_on_hover=”off” height=”200px” global_colors_info=”{}”][\/dsm_card][dsm_card title=”UNCITRAL Rules on Transparency in Treaty-Based Investor State Arbitration” badge_text=”Badget text” badge_url_new_window=”on” button_text=”Read more” button_url_new_window=”on” module_class=”dsm-card-justified” _builder_version=”4.27.4″ _module_preset=”default” background_color=”#8e8e8e” custom_button=”on” button_text_size=”14px” button_text_color=”#ffffff” button_border_radius=”0px” button_icon=”=||divi||400″ button_on_hover=”off” height=”200px” global_colors_info=”{}”][\/dsm_card][\/et_pb_column][et_pb_column type=”1_3″ _builder_version=”4.27.4″ _module_preset=”default” global_colors_info=”{}”][dsm_card title=”Vienna Mediation Rules for Investment Proceedings” badge_text=”Badget text” badge_url_new_window=”on” button_text=”Read more” button_url_new_window=”on” module_class=”dsm-card-justified” _builder_version=”4.27.4″ _module_preset=”default” background_color=”#8e8e8e” custom_button=”on” button_text_size=”14px” button_text_color=”#ffffff” button_border_radius=”0px” button_icon=”=||divi||400″ button_on_hover=”off” height=”200px” global_colors_info=”{}”][\/dsm_card][dsm_card title=”UNCITRAL Transparency Registry” badge_text=”Badget text” badge_url_new_window=”on” button_text=”Read more” button_url_new_window=”on” module_class=”dsm-card-justified” _builder_version=”4.27.4″ _module_preset=”default” background_color=”#8e8e8e” custom_button=”on” button_text_size=”14px” button_text_color=”#ffffff” button_border_radius=”0px” button_icon=”=||divi||400″ button_on_hover=”off” height=”200px” global_colors_info=”{}”][\/dsm_card][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=”1″ _builder_version=”4.27.0″ _module_preset=”default” global_colors_info=”{}”][et_pb_row column_structure=”1_2,1_2″ _builder_version=”4.27.4″ _module_preset=”default” global_colors_info=”{}”][et_pb_column type=”1_2″ _builder_version=”4.27.4″ _module_preset=”default” global_colors_info=”{}”][dsm_card title=”Musterinvestitionsschiedsklauseln” badge_text=”Badget text” button_text=”Read more” button_url=”@ET-DC@eyJkeW5hbWljIjp0cnVlLCJjb250ZW50IjoicG9zdF9saW5rX3VybF9wYWdlIiwic2V0dGluZ3MiOnsicG9zdF9pZCI6IjI0OTgifX0=@” button_url_new_window=”on” _builder_version=”4.27.4″ _dynamic_attributes=”button_url” _module_preset=”default” background_color=”#8e8e8e” custom_button=”on” button_text_size=”14px” button_text_color=”#ffffff” button_border_radius=”0px” button_icon=”=||divi||400″ button_on_hover=”off” height=”330px” custom_padding=”30px|30px|30px|30px|false|false” global_colors_info=”{}”]<\/p>\n
Parties who wish to submit their investment dispute to the Vienna Rules, may make use of VIAC\u2019s model arbitration clauses. A standard model investment arbitration clause and several investment model arbitration clauses for specific issues are available. <\/span><\/p>\n [\/dsm_card][dsm_card title=”Resources for Arbitrators” badge_text=”Badget text” button_text=”Read more” button_url=”@ET-DC@eyJkeW5hbWljIjp0cnVlLCJjb250ZW50IjoicG9zdF9saW5rX3VybF9wYWdlIiwic2V0dGluZ3MiOnsicG9zdF9pZCI6IjI5MSJ9fQ==@” button_url_new_window=”on” _builder_version=”4.27.4″ _dynamic_attributes=”button_url” _module_preset=”default” background_color=”#8e8e8e” custom_button=”on” button_text_size=”14px” button_text_color=”#ffffff” button_border_radius=”0px” button_icon=”=||divi||400″ button_on_hover=”off” height=”330px” custom_padding=”30px|30px|30px|30px|false|false” global_colors_info=”{}”]<\/p>\n VIAC regularly compiles resources for arbitrators to assist arbitrators in conducting proceedings under the Vienna Rules and to facilitate cooperation with the VIAC Secretariat.<\/span><\/p>\n [\/dsm_card][dsm_card title=”Cost calculator” badge_text=”Badget text” button_text=”Read more” button_url=”@ET-DC@eyJkeW5hbWljIjp0cnVlLCJjb250ZW50IjoicG9zdF9saW5rX3VybF9wYWdlIiwic2V0dGluZ3MiOnsicG9zdF9pZCI6IjI5OSJ9fQ==@” button_url_new_window=”on” _builder_version=”4.27.4″ _dynamic_attributes=”button_url” _module_preset=”default” background_color=”#8e8e8e” custom_button=”on” button_text_size=”14px” button_text_color=”#ffffff” button_border_radius=”0px” button_icon=”=||divi||400″ button_on_hover=”off” height=”330px” custom_padding=”30px|30px|30px|30px|false|false” global_colors_info=”{}”]<\/p>\n The cost calculator is only a working tool for parties and interested persons in order to gain an overview of the expected procedural costs for a VIAC arbitration with a particular amount in dispute. The actual calculation of the advance on costs shall be made by the Secretary General after the proceedings have been initiated. <\/span><\/p>\n [\/dsm_card][\/et_pb_column][et_pb_column type=”1_2″ _builder_version=”4.27.4″ _module_preset=”default” global_colors_info=”{}”][dsm_card title=”Arbitrator Search” badge_text=”Badget text” button_text=”Read more” button_url=”@ET-DC@eyJkeW5hbWljIjp0cnVlLCJjb250ZW50IjoicG9zdF9saW5rX3VybF9wYWdlIiwic2V0dGluZ3MiOnsicG9zdF9pZCI6IjMwMSJ9fQ==@” button_url_new_window=”on” _builder_version=”4.27.4″ _dynamic_attributes=”button_url” _module_preset=”default” background_color=”#8e8e8e” custom_button=”on” button_text_size=”14px” button_text_color=”#ffffff” button_border_radius=”0px” button_icon=”=||divi||400″ button_on_hover=”off” height=”330px” custom_padding=”30px|30px|30px|30px|false|false” global_colors_info=”{}”]<\/p>\n VIAC offers arbitration practitioners the possibility to create a profile and present themselves. Die profile sind nicht bindend und stellen keine Empfehlung dar. The parties and the VIAC Executive Committee are free to nominate and appoint arbitrators.<\/span><\/p>\n [\/dsm_card][dsm_card title=”Mediation of investment disputes” badge_text=”Badget text” button_text=”Read more” button_url=”@ET-DC@eyJkeW5hbWljIjp0cnVlLCJjb250ZW50IjoicG9zdF9saW5rX3VybF9wYWdlIiwic2V0dGluZ3MiOnsicG9zdF9pZCI6IjMwNDgifX0=@” button_url_new_window=”on” _builder_version=”4.27.4″ _dynamic_attributes=”button_url” _module_preset=”default” background_color=”#8e8e8e” custom_button=”on” button_text_size=”14px” button_text_color=”#ffffff” button_border_radius=”0px” button_icon=”=||divi||400″ button_on_hover=”off” height=”330px” custom_padding=”30px|30px|30px|30px|false|false” global_colors_info=”{}”]<\/p>\n New rules apply to the mediation of investment disputes and Arb-Med-Arb combinations. <\/span><\/p>\n [\/dsm_card][\/et_pb_column][\/et_pb_row][\/et_pb_section]<\/p>\n","protected":false},"excerpt":{"rendered":" Investment Arbitration Basics In the context of investment proceedings, the Vienna International Arbitral Centre (VIAC) of the Austrian Federal Economic Chamber (WKO) supports parties by providing arbitration and mediation rules (Vienna Investment Arbitration Rules and Vienna Investment Mediation Rules 2021) for the settlement of disputes between foreign investors and host states.Investment arbitration and mediation allows a foreign investor to directly invocate its claims against the host state in which it has invested in the event of a dispute. If investment arbitration or mediation proceedings are initiated, access is therefore provided to independent and qualified arbitrators who, in accordance with various standards of protection granted under international agreements, decide on the dispute and render an enforceable award.Investment arbitration offers legal certainty and promotes private investments and successful business developments.\u00a0Investment arbitration de-politicises investment disputes.\u00a0The Vienna Investment Arbitration Rules 2021VIAC provides access to independent and qualified arbitrators who decide disputes and issue decisions in accordance with protection standards based on international investment protection agreements. The Vienna Investment Arbitration Rules 2021 take into account the special features of investment arbitration while preserving the procedural flexibility of the Vienna Rules. As an effective alternative to the arbitration rules applied in traditional investment arbitration proceedings, they […]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"_et_pb_use_builder":"on","_et_pb_old_content":"","_et_gb_content_width":"","ngg_post_thumbnail":0,"footnotes":""},"class_list":["post-1332","page","type-page","status-publish","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.viac.eu\/en\/wp-json\/wp\/v2\/pages\/1332","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.viac.eu\/en\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.viac.eu\/en\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.viac.eu\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.viac.eu\/en\/wp-json\/wp\/v2\/comments?post=1332"}],"version-history":[{"count":28,"href":"https:\/\/www.viac.eu\/en\/wp-json\/wp\/v2\/pages\/1332\/revisions"}],"predecessor-version":[{"id":6089,"href":"https:\/\/www.viac.eu\/en\/wp-json\/wp\/v2\/pages\/1332\/revisions\/6089"}],"wp:attachment":[{"href":"https:\/\/www.viac.eu\/en\/wp-json\/wp\/v2\/media?parent=1332"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}