Juridical Tribune Volume 4, Issue 2, December 2014
National arbitration institution is regulated within the Book IV and
international arbitration institution is regulated in the Title IV of Book VII of the
Romanian Code of Civil Procedure.
Romania has signed the multilateral international conventions that
regulates arbitration, both before the Second World War and afterwards; in this
respect, Romania joined the Protocol with respect to arbitration clauses concluded
at Geneva on 24 March 1923, the Convention on the Recognition and Enforcement
of Foreign Arbitral Awards, done at New York on 10 June 1958, the European
Convention on International Commercial Arbitration, done at Geneva on 21 April
1961, the Washington Convention on the settlement by arbitration of disputes
relating to foreign investments completed in 1965, the Moscow Agreement on the
settlement of that arbitration of disputes arising from civil law relations of
economic and scientific-technical cooperation within CMEA, completed in 1972,
the Rules of Arbitration of the United Nations Commission on International Trade
Law adopted by the UN General Assembly in 1976, recommended to be used to
resolve disputes arising from contracts in international trade relations.
Commercial arbitration institution is one of current and future. In 1998,
while organizing a meeting in New York to celebrate the forty years since the
adoption of the Convention on the Recognition and Enforcement of Foreign
Arbitral Awards, it was considered that the role and importance of commercial
arbitration increases, and at another meeting, this time in Vienna, in 1999, it was
concluded that increasingly more states apply the law - model on commercial
Arbitration adopted by UNCITRAL in 1985.
Recent statistics show increasing trend of disputes that are entrusted to the
Court of Arbitration; thus, the International Court of Arbitration in London faced
during 2007 - 2008 with an increase of 55% of disputes that had to resolve, and in
2009 recorded an increase of 14%. The same scenario can be found and the
International Court of Arbitration in Paris and Switzerland, first recorded in 2008
with 11% more cases, and in 2009, 23% more Swiss Court had an increase of 15%
in 2008, and in 2009, 53%. International Court of Arbitration in Dubai in 2009 and
has doubled the number of disputes settled from 2003, and it seems that Asia
enjoys the same confidence in resolving disputes by arbitration.
Through this paper we intend to research and analyze in a comprehensive
manner the principles applicable to arbitration proceedings.
In achieving the purpose of this paper, we will cover the following main
objectives: (i) identification of the applicable principles of the arbitration
procedure; (ii) the manner of their application.
Since the research objectives require a detailed and complex investigation
of the principles applicable in the arbitration procedure, the methodology used
involves both methods, borrowed from other areas of research and their own
methods of legal research. Therefore, achieving the proposed objectives, I use the
method of analysis and synthesis, comparative method, historical and legal method,
sociological method, the dialectical method and the systematic method.