Convention on the Recognition and Enforcement of Foreign Arbitral Awards

General Detail

General Information

  1. Type: Convention
  2. Date of signature:
  3. Place of signature: New York, USA
  4. Depositary:
  5. Date of entry into force: 07/06/1959

Category

Dispute resolution

Sub category

Arbitration

Groups

OPENESS TO MTRSUNCITRAL

What is it about?

Although the Convention, adopted by diplomatic conference on 10 June 1958, was prepared by the United Nations prior to the establishment of the United Nations Commission on International Trade Law (UNCITRAL), promoting the Convention is an integral part of the Commission's programme of work. The Convention is widely recognized as a foundation instrument of international arbitration. It requires courts of contracting States to give effect to an agreement to arbitrate when seized of an action in a matter covered by an arbitration agreement and, in so doing, to refer the parties to arbitration. The Convention's main objective is to ensure that non-domestic arbitral awards are recognized and enforced in the jurisdiction of a contracting State, subject to specific limited exceptions.

Why is it relevant?

It provides uniform regime for recognition and enforcement of arbitral agreements and awards and sets out defined grounds for refusal of recognition and enforcement. Adherence to the Convention helps enhance the confidence of foreign investors in the legal framework of the country, which is perceived as neutral, predictable and transparent. Furthermore, given the great number of States that have already adopted the Convention, adherence enables the country to join a global network of States, which implement international standards, enforce international arbitral awards and respect and support the parties’ agreement to arbitrate. Finally, joining the Convention implies that awards rendered in the adhering country are guaranteed to be enforceable in all other States parties to the Convention.

Additional Information

The Convention was finalised under the auspices of the United Nations Economic and Social Council at a Diplomatic Conference convened in New York in 1958. The Conference adopted the Convention in its Final Act on June 10, 1958. At that time ten nations signed it with a thirteen further nations signing it within the period open for signature. The Convention entered into force after the third ratification, on June 7, 1959. It remains open to accession by any state that is a member of the United Nations or of any of its specialised agencies or by a party to the Statute of the International Court of Justice or by any other State invited toaccede by the General Assembly (Articles VIII and IX). Current contracting States are listed on the UNCITRAL homepage at www.uncitral.org.

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Country ratifications
CountryRatification date
Afghanistan30/11/2004
Albania27/06/2001
Algeria07/02/1989
Andorra19/06/2015
Antigua and Barbuda02/02/1989
Argentina14/03/1989
Armenia29/12/1997
Australia26/03/1975
Austria02/05/1961
Azerbaijan29/02/2000
Bahamas20/12/2006
Bahrain06/04/1988
Bangladesh06/05/1992
Barbados16/03/1993
Belarus15/11/1960
Belgium18/08/1975
Benin16/05/1974
Bhutan25/09/2014
Bolivia (Plurinational State of)28/04/1995
Bosnia and Herzegovina01/09/1993
Botswana20/12/1971
Brazil07/06/2002
Brunei Darussalam25/07/1996
Bulgaria10/10/1961
Burkina Faso23/03/1987
Burundi23/06/2014
Cambodia05/01/1960
Cameroon19/02/1988
Canada12/05/1986
Central African Republic15/10/1962
Chile04/09/1975
China22/01/1987
Colombia25/09/1979
Comoros28/04/2015
Costa Rica26/10/1987
Cote d'Ivoire01/02/1991
Croatia26/07/1993
Cuba30/12/1974
Cyprus29/12/1980
Czech Republic30/09/1993
Democratic Republic of the Congo05/11/2014
Denmark22/12/1972
Djibouti14/06/1983
Dominica28/10/1988
Dominican Republic11/04/2002
Ecuador03/01/1962
Egypt09/03/1959
El Salvador26/02/1998
Estonia30/08/1993
Fiji27/09/2010
Finland19/01/1962
France26/06/1959
Gabon15/12/2006
Georgia02/01/1994
Germany30/06/1961
Ghana09/04/1968
Greece16/07/1962
Guatemala21/03/1984
Guinea23/01/1991
Guyana25/09/2014
Haiti05/12/1983
Holy See14/05/1975
Honduras03/10/2000
Hungary05/03/1962
Iceland24/01/2002
India13/07/1960
Indonesia07/10/1981
Iran15/10/2001
Ireland12/05/1981
Israel05/01/1959
Italy31/01/1969
Jamaica10/07/2002
Japan20/06/1961
Jordan15/11/1979
Kazakhstan20/11/1995
Kenya10/02/1989
Kuwait28/04/1978
Kyrgyzstan18/12/1996
Lao People's Democratic Republic17/06/1998
Latvia14/04/1992
Lebanon11/08/1998
Lesotho13/06/1989
Liberia16/09/2005
Liechtenstein07/07/2011
Lithuania14/03/1995
Luxembourg09/09/1983
Macedonia (The former Yugoslav Republic of)10/03/1994
Madagascar16/07/1962
Malaysia05/11/1985
Mali08/09/1994
Malta22/06/2000
Marshall Islands21/12/2006
Mauritania30/01/1997
Mauritius19/06/1996
Mexico14/04/1971
Moldova18/09/1998
Monaco02/06/1982
Mongolia24/10/1994
Montenegro23/10/2006
Morocco12/02/1959
Mozambique11/06/1998
Myanmar16/04/2013
Nepal04/03/1998
Netherlands24/04/1964
New Zealand06/01/1983
Nicaragua24/09/2003
Niger14/10/1964
Nigeria17/03/1970
Norway14/03/1961
Oman25/02/1999
Pakistan14/07/2005
Panama10/10/1984
Paraguay07/10/1997
Peru07/07/1988
Philippines06/07/1967
Poland03/10/1961
Portugal18/10/1994
Qatar30/12/2002
Republic of Korea08/02/1973
Romania13/09/1961
Russian Federation24/08/1960
Rwanda31/10/2008
Saint Vincent and the Grenadines12/09/2000
San Marino17/05/1979
Sao Tome and Principe20/11/2012
Saudi Arabia19/04/1994
Senegal17/10/1994
Serbia12/03/2001
Singapore21/08/1986
Slovakia28/05/1993
Slovenia06/07/1992
South Africa03/05/1976
Spain12/05/1977
Sri Lanka09/04/1962
Sweden28/01/1972
Switzerland01/06/1965
Syrian Arab Republic09/03/1959
Tajikistan14/08/2012
Thailand21/12/1959
Trinidad and Tobago14/02/1966
Tunisia17/07/1967
Turkey02/07/1992
Uganda12/02/1992
Ukraine10/10/1960
United Arab Emirates21/08/2006
United Kingdom24/09/1975
United Republic of Tanzania13/10/1964
United States of America30/09/1970
Uruguay30/03/1983
Uzbekistan07/02/1996
Venezuela08/02/1995
Viet Nam12/09/1995
Zambia14/03/2002
Zimbabwe29/09/1994
Treaties analysis
YearRatifications
19596
19605
19617
19627
19643
19651
19661
19672
19681
19691
19702
19712
19723
19731
19742
19755
19761
19771
19781
19793
19801
19812
19821
19835
19842
19851
19862
19875
19884
19895
19912
19925
19936
19948
19955
19964
19973
19986
19991
20004
20013
20026
20031
20041
20052
20065
20081
20101
20111
20122
20131
20144
20152
Total157
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