In the interview taken by Andrey Gorlenko, Executive Administrator of the Russian Arbitration Center, Gary Born discusses, among others, the most appealing features of arbitration, in comparison with litigation, as well as current challenges standing in front of the field of international arbitration and the ways to address them. Mr. Born also touches upon the future ways of cooperation between world arbitral institutions, including his recent initiative on cross-institutional consolidation protocol, and the role that new technologies may play in it. Gary Born looks at the role of the New York Convention 1958 on the Recognition and Enforcement of Foreign Arbitral Awards and considers its future after its 60th anniversary