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The Fund’s enforcement pipeline is anchored in BRICS-aligned arbitration courts with proven legal recognition of international awards, smart contracts, and digital evidence.
Key Jurisdictions:
China – SHIAC (Shanghai International Arbitration Court)
Operates the BRICS Dispute Resolution Center
Officially recognized by China’s Supreme Court
Enforces UNCITRAL arbitration awards
Validates digital evidence and e-service protocols
Russia – ICAC / Russian Arbitration Association
Recognizes WAC arbitration awards under UNCITRAL
Enables enforcement via commercial courts and financial sanctions
UAE – DIAC & ADCCAC
Full UNCITRAL & Apostille Convention compliance
Enforces foreign arbitration via simplified procedures
Blockchain documents accepted as legal evidence
South Africa – AFSA / SADC Protocol
Part of the Southern African Development Community Tribunal
Accepts foreign arbitration under the New York Convention
India – ICA & MCIA
Active member of UNCITRAL
Enforces arbitration via Section 48 of the Indian Arbitration Act

BRICS Enforcement Courts