ADVANTAGES OF THE TURAN IAC
Arbitration is a way to resolve a commercial dispute outside the state court: the parties agree in advance to refer potential disagreements to an independent arbitrator whose award is binding. For business, this means predictability and speed where ordinary litigation drags on for months and years.
Unlike a state court, arbitration gives the parties control over the process: they themselves choose arbitrators with the relevant industry expertise, agree on convenient timing and format of hearings, and the proceedings remain private. The award is made once and is not subject to review on the merits – the dispute is brought to an end instead of turning into endless appeals.
Unlike a state court, arbitration gives the parties control over the process: they themselves choose arbitrators with the relevant industry expertise, agree on convenient timing and format of hearings, and the proceedings remain private. The award is made once and is not subject to review on the merits – the dispute is brought to an end instead of turning into endless appeals.
Freedom to choose the law and the arbitrators
If the counterparty is a non-resident, the parties may themselves determine which country's law applies to the dispute.
The parties also choose the arbitrators themselves – specialists with expertise in the relevant industry.
The parties also choose the arbitrators themselves – specialists with expertise in the relevant industry.
Speed and savings
The proceedings are faster than litigation: the timing, place and procedure of hearings are agreed flexibly.
The arbitration fee is generally lower than the state duty – savings can reach 30-70% depending on the amount in dispute.
The arbitration fee is generally lower than the state duty – savings can reach 30-70% depending on the amount in dispute.
Confidentiality
Hearings are private – only the parties to the proceedings attend. The details of the dispute are not disclosed, and the final award is not published and does not appear in public databases.
Finality and enforceability
Awards of the Turan International Arbitration Centre are enforced not only within the country.
Thanks to the New York Convention on the Recognition and Enforcement of Foreign Arbitral Awards, they are recognised in 170+ states – a significant advantage when working with foreign partners.
Thanks to the New York Convention on the Recognition and Enforcement of Foreign Arbitral Awards, they are recognised in 170+ states – a significant advantage when working with foreign partners.
© 2026 «Turan» International Arbitration Centre
Address
Astana.
Please contact the Executive Secretary for the correspondence address.
Please contact the Executive Secretary for the correspondence address.
Contacts
Executive Secretary:
Galina Berembekova
Tel.: +7 701 999 0885
Galina Berembekova
Tel.: +7 701 999 0885