Arbitration convention - a necessary condition for the conduct of arbitration

This article is devoted to the issue of the arbitration agreement which is the legal basis for the resolution of disputes by arbitration, taking into account the contractual nature of arbitration as an alternative method of dispute resolution. It is emphasized that, by virtue of the principle of contractual freedom, the parties to the arbitration agreement are free to determine the content of this agreement, having the faculty to adapt it to the particular circumstances of the contractual relations between them. The paper deals with such aspects as the law applicable to the arbitration agreement, the object of the agreement (including the issue of the arbitrability of disputes), the form and content of the agreement, depending on the type of arbitration - institutionalized or ad hoc - to which the parties have resorted (including the structure of the arbitral tribunal, the place of arbitration, the language of the procedure, etc.).