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Georgian International Arbitration Centre is

First non-profit arbitration institution in Georgia, which is created based on the best international arbitration practice. GIAC represents most efficient dispute resolution institution in the entire Caucasus – Black Sea – Caspian Region. The GIAC Arbitration Rules reflect the needs of the parties combining recent developments in the field.

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Costs

The costs of mediation and facilitation shall be calculated as per GIAC’s Mediation and Facilitation Fees Schedule (full text available in Georgian). 

 

*During the pilot phase of COVID 19 Business Support project, for eligible applications GAIC will fully waive administrative fees.

** During the pilot phase of COVID 19 Business Support project, for eligible applications 1 day fee of a mediator or facilitator will be covered through the support of European Union and United Nations Development Programme (UNDP). Beyond this one day the fees shall be covered by the parties pursuant to the GIAC fee schedule.