Legal & Tax Alerts

23 January 2025

Revised Arbitration Rules of the Court of International Commercial Arbitration of the Chamber of Commerce and Industry of Romania in effect from 1 January 2025

The Court of International Commercial Arbitration attached to the Chamber of Commerce and Industry of Romania (CCIR Court) has introduced revised arbitration rules, effective January 1, 2025. These updates aim to enhance efficiency, align with international best practices, and respond to evolving business needs.