May 28, 2019
AIAC ARBITRATION RULES SELECTED FOR THE WILLEM C. VIS INTERNATIONAL COMMERCIAL ARBITRATION MOOT IN 2022
Kuala Lumpur, 28th May 2019: The Asian International Arbitration Centre (the “AIAC”) is pleased to announce that its Arbitration Rules have been selected for the 29th Willem C. Vis International Commercial Arbitration Moot in Vienna, Austria and the 19th Willem C. Vis East International Commercial Arbitration Moot in Hong Kong SAR in 2022 (collectively referred to as “the Vis Moot”).
The Vis Moot is an international competition for law students designed to foster the study of international commercial law and arbitration through the application of a realistic problem. Since its inception twenty-six years ago, the Vis Moot has encouraged students all over the world to apply a comparative perspective in their legal analysis and advocacy. In 2019, the Vis Moot attracted a record of 372 teams from 84 countries, 1001 registered team coaches and 1498 registered arbitrators to Vienna; while the Vis East Moot brought 137 teams from 28 countries to Hong Kong.
Since 2017, the AIAC has collaborated with the International Court of Arbitration of the International Chamber of Commerce (the “ICC”) to organise a Pre-Moot to the Vis Moot. The Pre-Moot has become a well-known platform for the teams, coaches and arbitrators from around the world. At the 3rd AIAC-ICC Pre-Moot, held from 22nd to 24th March 2019, the AIAC hosted 90 teams with close to 380 participants from 21 countries and 180 hearings with over 300 arbitrators, making it the largest Pre-Moot internationally leading up to the main competitions in Hong Kong and Vienna. As Mr. Vinayak Pradhan, the Director of the AIAC, states that “the AIAC is determined to carry the spirit of inclusivity of the Vis Moot. What makes this Pre-Moot unique is that we welcome non-participating teams at Vienna and Hong Kong to come and experience the Vis Moot through us. Through this initiative, we are able to bring together an outstanding group of law students from Asia who struggle to obtain the resources to get to Vienna or Hong Kong.”
As an arbitration centre established through the agreement between the Asian-African Legal Consultative Organisation (the "AALCO") and the Government of Malaysia, the AIAC is committed to the development and growth of alternative dispute resolution across the globe, especially in Malaysia and Asia. The AIAC is extremely pleased by the recognition of its past and present contributions to the international arbitration community and is delighted to start working on new projects leading up to the application of the AIAC Arbitration Rules internationally in 2022. We truly believe that the use of the AIAC Arbitration Rules in the Vis Moot will not only serve as the most beneficial learning experience for students and arbitration practitioners, but will also increase awareness about Malaysia as a jurisdiction.
Established in 1978, the Centre was the first arbitration centre in Asia to be established under the AALCO, an international organisation comprising 47 member states from across the region. The Centre was first set up to provide institutional support as an independent and neutral venue for arbitration proceedings in Asia. Currently, it stands alongside only four other regional centres located in Egypt, Nigeria, Iran and Kenya. Further information on the Centre can be obtained from http://www.aiac.world.