THE DECISION OF COUNCIL OF CHAIRMEN OF THE SUPREME ARBITRATION, ECONOMIC, ECONOMIC AND OTHER COURTS RESOLVING CASES ON DISPUTES IN THE FIELD OF ECONOMY OF COMMONWEALTH OF INDEPENDENT STATES

of October 28, 2004 No. 8

Council of chairmen of the supreme Arbitration, economic, economic and other courts resolving cases on disputes in the field of economy (further - Council of chairmen), having discussed question of implementation of the Decision of Council of heads of states of the Commonwealth of Independent States (further - the Decision of Council of heads of states of the CIS) of September 16, 2004 "About the Chairman of Economic Court of the Commonwealth of Independent States and transfer of Economic Court of the Commonwealth of Independent States into session basis of activities" and having noted that for the period the activities the Economic Court of the Commonwealth of Independent States (further - Economic Court) accumulated extensive experience of realization of regulations and the principles of international law, implementation of justice in the field of economy, and also performs functions of Court of Eurasian economic community, considering feasibility of consideration by single judicial authority, economic disputes, arising in other interstate educations created on space of the Commonwealth of Independent States (Common economic space, the Central Asian Economic Community Organization, the Union State of the Republic of Belarus and the Russian Federation) according to Articles 2 and 8 of the Regulations on Council of chairmen, DECIDED:

1. Being guided by the Decision of Council of heads of states of the CIS of September 16, 2004 "About the Chairman of Economic Court of the Commonwealth of Independent States and transfer of Economic Court of the Commonwealth of Independent States into session basis of activities", Council of chairmen considers expedient that:

1.1. The economic Court keeps the status of international court.

1.2. To judges of Economic Court legal status of judges of international court remains.

1.3. Raise role of the Plenum of Economic Court by expansion of its competence.

1.4. The office of Economic Court keeps the status of the body performing legal, organizational, is material - technical, information and other supply of activities of Economic Court.

Disclaimer! This text was translated by AI translator and is not a valid juridical document. No warranty. No claim. More info