RUDN Journal of LawRUDN Journal of Law2313-23372408-9001Peoples’ Friendship University of Russia named after Patrice Lumumba (RUDN University)5942Research ArticleThe International commercial arbitration court at the Russian Chamber of commerce and industry a method of settlement of trade and investment disputesKazachenokS YuThe Department of Civil and Private International Lawgimchp@volsu.ruVolgograd State University15022014236837307092016Copyright © 2016, Legal Science2016Due to the fact that the Russian Federation should stimulate efforts to improve the business and investment climate, and not be satisfied with the current level of interest in the domestic economy from foreign investors, further improvements in the legislation on arbitration courts, creating a positive image of the ICAC not only from foreign but also from domestic entrepreneurs to empower the implementation of major projects involving major foreign investors are particularly research significance. That is why the SWOT-analysis of the ICAC presented in the article, in order to identify its compliance with domestic legal regulation of global trends of development of legislation on international commercial arbitration, as well as the contemporary needs of international trade and cross-border investment cooperation are of particular relevance.arbitrationinternational commercial arbitrationinstitutional arbitration bodyinternational commercial disputesinternational trade relationsforeign investmentsinvestment climate of the stateтретейский судмеждународный коммерческий арбитражинституционный арбитражный органмеждународный коммерческие спорымеждународные торговые отношенияиностранный инвестицииинвестиционный климат государства