Panel of Mediators in Conciliation Proceedings at the Chamber of Commerce and Industry of the Russian Federation

The Panel of Mediators was instituted under the aegis of the Russian Chamber of Commerce and Industry in May, 2006, considering its above-mentioned functions and also in view of fact that it is an organization where the interests of all segments of the business community converge and which extends its influence across all areas of business.

Mediation is a procedure when the person or the panel of persons renders to the parties an independent and impartial assistance in their effort to achieve the peaceful arrangement of their dispute.

Although the mediation as well as the arbitration proceedings refers to the group of the alternative ways of the dispute settlement, the conciliation procedure is greatly different from the arbitral one as from the point of view of the grounds and procedures as the final result.

The agreement about the dispute settlement is made by consent and is not imposed by the mediator. It can consider different circumstances, not only connected with the  disputable contract, but also the new further cooperating obligations which would be more convenient for the parties and potentially executed by them.

The Federal Law N193-FZ of July 27, 2010, «About the conciliation procedures with the participation of the mediator (mediation)» came info effect on January, 1, 2011. The development of Law was inspired in major due to the activity of the Panel of Mediators.