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Vol 10, Issue 1, 2022
Pages: 195 - 203
Review paper
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INTERNACIONALNI UNIVERZITET TRAVNIK U TRAVNIKU
EKONOMSKI FAKULTET TRAVNIK U TRAVNIKU
PRAVNI FAKULTET TRAVNIK U TRAVNIKU
FAKULTET ZA MEDIJE I KOMUNIKACIJE TRAVNIK U TRAVNIKU

u saradnji sa

MIT UNIVERZITET SKOPLJE, SJEVERNA MAKEDONIJA
VEVU, VELEUČILIŠTE LAVOSLAV RUZIČKA U VUKOVARU, HRVATSKA
VELEUČILIŠTE VIMAL, SISAK, HRVATSKA
CKKPI, TRAVNIK, BOSNA I HERCEGOVINA

organizuju

31. MEĐUNARODNU KONFERENCIJU

EKONOMSKE, PRAVNE I MEDIJSKE INTEGRACIJE BOSNE I HERCEGOVINE I ZEMALJA ZAPADNOG
BALKANA KAO KLJUČNI POKRETAČ EUROPSKIH VRIJEDNOSTI

12. – 13. decembar 2025. godine

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Received: 14.05.2022. >> Accepted: 21.05.2022. >> Published: 27.05.2022. Review paper

MEĐUNARODNA ARBITRAŽA I NJEN UTJECAJ NA PRIVREDU I EKOLOGIJU U BOSNI I HERCEGOVINI / INTERNATIONAL ARBITRATION AND ITS IMPACT ON THE ECONOMY AND ECOLOGY IN BOSNIA AND HERZEGOVINA

By
Belma Adilović ,
Belma Adilović

Ministarstvo za boračka pitanja KS , Mostar , Bosnia and Herzegovina

Slađana Kosmajac Marković ,
Slađana Kosmajac Marković
Dragan Golijan
Dragan Golijan

International University of Travnik , Travnik , Bosnia and Herzegovina

Abstract

Given the globalization and growth of cross-border trade relations between countries and the frequency of disputes between economic entities which have headquartered in various countries, international arbitration as a voluntary and consensual procedure has been established as one of the important tools for the disputes. Arbitration is extremely useful for opposing parties because of commercial interests where it offers privacy, confidentiality and simplicity. Arbitration is a method of resolving disputes that provides a final and binding outcome, although we consider it an alternative litigation. The arbitration agreement includes the number of arbitrators, the legal place or seat of the arbitration, and the procedural rules to govern the arbitration. In general, the tribunal decides on the dispute in accordance with the law governing the relevant agreement. When it comes to public arbitrations that include other countries besides Bosnia and Herzegovina, I point out that the estimated value of these disputes is approximately 750 million euros. 

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