The proliferation of international courts and tribunals has been one of the most evident trends in international law development and has had a pronounced effect on the evolution of international justice since the last quarter of the 20th century. International courts and arbitration tribunals interact by means of mutual reliance on legal positions formulated earlier resulting in the emergence of a foundation of the system of international courts and arbitration tribunals – their common jurisprudence. The highest authority on issues of general international law is ascribed to the decisions of the Permanent Court of International Justice and the International Court of Justice. This trend is most convincingly manifested in international investment arbitration awards.
Prof. Aslan Abashidze is Doctor of legal sciences programme, Professor of International Law; Head of the Department of International Law, Law Faculty, Peoples’ Friendship University of Russia; Professor, International Law Department, Moscow State Institute of International Relations (University) under the Ministry of Foreign Affairs of Russia; Member of the United Nations Committee on Economic, Social and Cultural Rights; Author of more than 350 papers in international law, published in Russia, Belgium, Georgia, Greece, Kazakhstan, Azerbaijan, Italy, Serbia, Switzerland, UK, USA, Uzbekistan, Armenia, etc.
e-mail: abashidze.rudn@gmail.com
Anait Smbatyan, PhD in Law, Head of Trade Law and Foreign-Economic Activity Department, the Diplomatic Academy of the Ministry of Foreign Affairs of the Russian Federation, author of over 50 publications on international trade law and international justice.
e-mail: anait_smbatyan@mail.ru
