POVZETEK
Arbitration has taken a long time in finding its place
under the sun of Serbian dispute resolution tradition,
over which the courts still hold supremacy. Serbia is a
small country which was, until recently, under a strict
socialist regime which largely affected free trade and
therefore the number of potential foreign trade or any
kind of international disputes. In that sense, one can
say that Serbia took a long time in acknowledging arbitration as a relevant mechanism of dispute resolution
and an arbitration law dealing with arbitration with
an overall capacity was adopted only recently. The first
law governing arbitration proceedings comprehensively, the Serbian Law on Arbitration, was rendered only
in 2006 and it is, as in many other countries, based
on the UNCITRAL Model Law on International
Commercial Arbitration. One could have a long debate on why precisely the UNCITRAL Model Law
was used as a template, but in the end, maybe we
should all just go along with a notion of one professor
of the University of Belgrade who famously stated that
the Model law was written in order to “teach us all how
to do it”.
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