Wednesday, Feb 26 2020 | Time 19:27 Hrs(IST)
image
  • NIA conducts multiple raids in Kashmir
  • Def Min Rajnath Singh to attend Yediyurappa's felicitation function in K'taka
  • Janpad CEO suspended in corruption case
  • Gujarat: FM presents Rs 2,17,287 cr budget for FY 2020-21
  • Australia's Chef de Mission tells athletes to focus on training for Tokyo Olympics
  • Congress stages 'dharna' against BJP MLA’s remark on freedom fighter Iyengar
  • Security force launch CASO in south Kashmir’s Shopian
  • Awareness for school students against not visiting porn sites:Nitish
  • Centre accords top priority for welfare of 3 5 crore workers : Gangwar
  • U S advises its citizens to exercise caution in Delhi
  • Hero ISL semi-finals fixtures announced; away goals rule to apply
  • Punjab CM rules out revocation of reservation policy
  • Minor immolates herself, accuses three persons of rape
  • NUJ, DJA condemn attack on mediapersons
  • Sitharaman stresses on use of local language in banking
World


BRICS Legal Forum to create body for settlement of commercial disputes

Moscow, Dec 1 (UNI) The 4th International BRICS Legal Forum meeting in Russia may create an arbitration structure that would specialise in settlement of the commercial disputes within BRICS countries.
"So this is the way we are thinking, that at the BRICS Legal Forum, we can actually practically fill in the gaps and create new and more participatory regulative structures. Right now what we are looking at, is the countries will continue to have their individual arbitration centers, but when a BRICS dispute comes, it is a BRICS governing board and the common set of rules of arbitration, which will govern the dispute," Chairman of one of the legal forum's committees Prashant Kumar, told RIA Novosti.
Mr Kumar said the BRICS mechanism for arbitrating commercial disputes would be based on upholding the principle of neutrality, which should be ensured through an inclusive arbitration board.
The Legal Forum of the BRICS countries (Brazil, Russia, India, China and South Africa), started in Moscow on Thursday.
The two-day event is being hosted by the Association of Lawyers of Russia, and attended by the Brazilian Bar Association, Bar Association of India, China Law Society, East China University of Political Science and Law, Law Society of South Africa and the University of Cape Town.
The Forum is scheduled to discuss various issues, including the compatibility of legal and judicial systems of the participating countries. These talks also centre around the possibility of unifying these processes with the goal of eliminating future barriers for effective international cooperation within the BRICS.
UNI XC RJ SHK 1857
More News

Declaring COVID-19 as 'pandemic' has no tangible benefits: WHO chief

26 Feb 2020 | 6:30 PM

Geneva, Feb 26 (UNI) Stating that China has prompted some media and politicians to push for a pandemic to be declared in wake of Coronavirus, World Health Organization Director-General Dr Tedros Adhanom said that we should not be too eager to declare a pandemic without a careful and clear-minded analysis of the facts.

see more..
Pakistan declares Nawaz Sharif as ‘absconder’

Pakistan declares Nawaz Sharif as ‘absconder’

26 Feb 2020 | 6:08 PM

Islamabad, Feb 26 (UNI) Former prime minister Nawaz Sharif was on Wednesday declared as an 'absconder' by the Pakistan government for not fulfilling his bail requirements.

see more..

First coronavirus case confirmed in Greece

26 Feb 2020 | 6:04 PM

Athens, Feb 26 (UNI) Greece on Wednesday announced the country's first confirmed case of the novel coronavirus, local media reported.

see more..

Brazil confirms first case of coronavirus

26 Feb 2020 | 6:00 PM

Moscow, Feb 26 (UNI) Brazil on Wednesday confirmed its first case of Coronavirus, making this the first such case to be registered in South America, media reported on Wednesday.

see more..

COVID-19 death toll rises to 12 in S Korea, 1261 infected

26 Feb 2020 | 5:30 PM

Seoul, Feb 26 (UNI) As South Korea confirmed 284 more cases of the COVID-19 on Wednesday, the total number of confirmed cases of infections rose to 1,261, while the death toll now stands at 12.

see more..
image