Q - The New York Convention on Recognition and Enforcement of Foreign Arbitral Awards
Type
Journal
Journal
UAE Arbitration Yearbook
Date
1 January 2015
Issue
1 January 2015
Page
316 - 321
Copyright
ICLO
Jurisdiction
United Arab Emirates
Taxonomy
Arbitration
Copyright
LexisNexis
This article is about the The New York Convention on Recognition and Enforcement of Foreign Arbitral Awards.
Article (I)
This Convention shall apply to the recognition and enforcement of arbitral awards made in the territory of a State other than the State where the recognition and enforcement of such awards are sought, and arising out of differences between persons, whether physical or legal. It shall also apply to arbitral awards not considered as domestic awards in the State where their recognition and enforcement are sought.
The term "arbitral awards" shall include not only awards made by arbitrators appointed for each case but also those made by permanent arbitral bodies to which the parties have submitted.