THE FUTURE OF INTERNATIONAL COMMERCIAL AND INVESTMENT DISPUTES IN UZBEKISTAN: THE SYNERGY OF MEDIATION AND ARBITRATION

Abstract

This article examines the prospects for developing alternative dispute resolution within the context of mediation, arbitration, and their synergy. In the study, the author analyzes global trends in commercial and investment dispute resolution, paying special attention to hybrid models that combine arbitration and mediation, and presents advanced foreign experience in this field. Furthermore, the article examines the prospects for implementing these approaches in Uzbekistan, their legal nature, and their impact on the formation of a stable and predictable investment environment, increasing the level of interest and trust from foreign economic entities, including foreign investors. A comprehensive approach to resolving foreign economic disputes is proposed, whereby mediation and arbitration function not as competing, but as complementary instruments. In the concluding part of the article, the author draws conclusions on the need for legislative and practical stimulation of using hybrid forms of dispute resolution in Uzbekistan.