This book represents an analysis of Russian arbitration law from a foreign lawyer’s point of view. Russian arbitration law went through a major reform in 2015. The overall goal of the reform was to make Russia an attractive venue for arbitration with the expectation of soliciting foreign businesses to Russia and preventing ‘off-shorisation’ of Russian businesses. The book covers the reform process at the outset by studying various reform proposals, draft laws and discussion of arbitration experts. This is followed by a comprehensive analysis of the post-reform system of arbitration. After addressing issues such as arbitrability, arbitration clauses, arbitral procedure; the book looks into the way Russian courts apply arbitration law when Russian parties apply to the court for setting aside the awards and when foreign parties apply for recognition and enforcement of the awards. For this goal, court decisions have been extensively studied and reproduced in the book. The book is a critical analysis of the current system of arbitration in Russia which will provide practical guidance to lawyers involved in disputes with Russian parties, drawing on the author’s own practical insight and experience.