S.L.:
Well,M.B.: Trade and arbitration, I imagine, must have been difficult during the Cold War?
S.L.:
Yeah. And I said that this decision with Americans to have arbitration in Stockholm was a very important aspect in this way. Yeah. To say: “Well, let’s have arbitration in New York.” “No, no, let’s go to Moscow” or otherwise. That was very important to find something as development in commercial relationships between Soviets and Americans at that time. It was very, very important, indeed.M.B.: Because even during the Cold War, trade relationships still flourished in between Russia and the West.
S.L.:
Yeah. Because it is a necessary aspect for development of each country. And this new system of economic sanctions against Russia is something terrible, I say, unjustified and legally incorrect, because such things may be adopted by the Security Council of United Nations. That is what is called sanctions. Otherwise, what is these sanctions adopted by European countries and United States are contrary to the principle of normal international trade, and in my view that is inappropriate way. And it is bad for both sides. Of course, for Russia, and for other countries. And I hope this situation will be overcome.M.B.: Is it fair to say that without arbitration there can be no trade, and without trade there can be no friendly development?
S.L.:
Well, that is too strong. Foreign trade can develop without arbitration, and before arbitration appeared there was foreign trade in old time between countries. Without foreign trade, arbitration would not mean anything if it is arbitration for commercial disputes, of course, that is true, but I would not put that so strong. I agree that arbitration is important for foreign trade. That would be in my view the most appropriate appreciation of the role of this institute.M.B.: I’m thinking about the philosophical question that it is a friendly way of settling disputes. That disputes will always occur when people interact, and trade, and you could solve those issues either by force or by negotiations. Reconciliation.
S.L.:
Yeah, of course, that is, indeed, the friendly method of settlement of disputes, yes. I believe it is the most appropriate, not by force, of course, but by arbitration. And with the idea that arbitrators make awards which are impartial. Which can be adopted as impartial.M.B.: I would like to ask a question about a specific case. And you answer if you like to, but you don’t have to. But I’m curious about the dispute which arised when the American new embassy in Moscow back in the ’80s supposedly were wire-tapped, and there was an issue for arbitration. Do you have any comments on this, or reflections on this?
S.L.:
No. I know about this fact. Such information was supplied to Americans by Russians at that time, so it is a well-known situation, it was published. But how the developments were extended in this respect, how they were resolved, I don’t know. I really don’t know. And I don’t know that something was published on this account. Maybe yes, I don’t know.