0613e34637 The primary advantage of international arbitration over court litigation is enforceability: an international arbitration award is enforceable in most countries in the world. Text . Travaux prparatoires . Case law . ICCA's Guide to the New York Convention (The International Council for Commercial Arbitration) . Wikisource has original text related to this article: Convention on the Recognition and Enforcement of Foreign Arbitral Awards . The Convention has also been extended to a number of British Crown Dependencies, Overseas Territories, Overseas departments, Unincorporated Territories and other subsidiary territories of sovereign states. Parties to the Convention[edit]. Widely considered the foundational instrument for international arbitration, it applies to arbitrations which are not considered as domestic awards in the state where recognition and enforcement is sought.
2088, 2103 (2005); Sanchez-Llamas v. scholarship.law.berkeley.edu. Therefore, the New York Convention on the Recognition and Enforcement of Foreign Arbitral Awards (the "Convention") preempts state law. An ancillary aim of the Convention is to require courts of Parties to give full effect to arbitration agreements by requiring courts to deny the parties access to court in contravention of their agreement to refer the matter to an arbitral tribunal. 2669, 2695 (2006). State Date of Ratification State Date of Ratification Afghanistan 30 November 2005 Albania 27 June 2001 Algeria 7 February 1989 Andorra 19 June 2015 Antigua and Barbuda 2 February 1989 Argentina 14 March 1989 Armenia 29 December 1997 Australia 26 March 1975 Austria 2 May 1961 Azerbaijan 29 February 2000 Bahamas 20 December 2006 Bahrain 6 April 1988 Bangladesh 6 May 1992 Barbados 16 March 1993 Belarus 15 November 1960 Belgium 18 August 1975 Benin 16 May 1974 Bhutan 25 September 2014 Bolivia 28 April 1995 Bosnia and Herzegovina 1 September 1993 Botswana 20 December 1971 Brazil 7 June 2002 Brunei 25 July 1996 Bulgaria 10 October 1961 Burkina Faso 23 March 1987 Burundi 23 June 2014 Cambodia 5 January 1960 Cameroon 19 February 1988 Canada 12 May 1986 Central African Republic 15 October 1962 Chile 4 September 1975 People's Republic of China 22 January 1987 Colombia 25 September 1979 Democratic Republic of the Congo 5 November 2014 Comoros 28 April 2015 Costa Rica 26 October 1987 Cte d'Ivoire 1 February 1991 Cook Islands 12 January 2009 Croatia 26 July 1993 Cuba 30 December 1974 Cyprus 29 December 1980 Czech Republic 30 September 1993 Denmark 22 December 1972 Djibouti 14 June 1983 Dominica 28 October 1988 Dominican Republic 11 April 2002 Ecuador 3 January 1962 Estonia 30 August 1993 Fiji 26 December 2010 Finland 19 January 1962 France 26 June 1959 Gabon 15 December 2006 Georgia 2 June 1994 Germany 30 June 1961 Ghana 9 April 1968 Greece 16 July 1962 Guatemala 21 March 1984 Guinea 23 January 1991 Guyana 25 September 2014 Haiti 5 December 1983 Holy See 14 May 1975 Honduras 3 October 2000 Hungary 5 March 1962 Iceland 24 January 2002 India 13 July 1960 Indonesia 7 October 1981 Iran, Islamic Republic of 15 October 2001 Ireland 12 May 1981 Israel 5 January 1959 Italy 31 January 1969 Jamaica 10 July 2002 Japan 20 June 1961 Jordan 15 November 1979 Kazakhstan 20 November 1995 Kenya 10 February 1989 South Korea 8 February 1973 Kuwait 28 April 1978 Kyrgyzstan 18 December 1996 Laos 17 June 1998 Latvia 14 April 1992 Lebanon 11 August 1998 Lesotho 13 June 1989 Liberia 16 September 2005 Lithuania 14 March 1995 Liechtenstein 5 October 2011 Luxembourg 9 September 1983 Republic of Macedonia 10 March 1994 Madagascar 16 July 1962 Malaysia 5 November 1985 Mali 8 September 1994 Malta 22 June 2000 Marshall Islands 21 December 2006 Mauritania 30 January 1997 Mauritius 19 June 1996 Mexico 14 April 1971 Moldova 18 September 1998 Monaco 2 June 1982 Mongolia 24 October 1994 Montenegro 23 October 2006 Morocco 12 February 1959 Mozambique 11 June 1998 Myanmar 16 April 2013 Nepal 4 March 1998 Netherlands 24 April 1964 New Zealand 6 January 1983 Nicaragua 24 September 2003 Niger 14 October 1964 Nigeria 17 March 1970 Norway 14 March 1961 Oman 25 February 1999 Palestine 2 January 2015 Pakistan 14 July 2005 Panama 10 October 1984 Paraguay 8 October 1997 Peru 7 July 1988 Philippines 6 July 1967 Poland 3 October 1961 Portugal 18 October 1994 Qatar 30 December 2002 Romania 13 September 1961 Russia 24 August 1960 Rwanda 31 October 2008 Saint Vincent and the Grenadines 12 September 2000 San Marino 17 May 1979 Sao Tome and Principe 20 November 2012 Saudi Arabia 19 April 1994 Senegal 17 October 1994 Serbia 12 March 2001 Singapore 21 August 1986 Slovakia 28 May 1993 Slovenia 6 July 1992 South Africa 3 May 1976 Spain 12 May 1977 Sri Lanka 9 April 1962 Sweden 28 January 1972 Switzerland 1 June 1965 Syria 9 March 1959 Tanzania 13 October 1964 Tajikistan 14 August 2012 Thailand 21 December 1959 Trinidad and Tobago 14 February 1966 Tunisia 17 July 1967 Turkey 2 July 1992 Uganda 12 February 1992 Ukraine 10 October 1960 United Arab Emirates 21 August 2006 United Kingdom 24 September 1975 United States 30 September 1970 Uruguay 30 March 1983 Uzbekistan 7 February 1996 Venezuela 8 February 1995 Vietnam 12 September 1995 Zambia 14 March 2002 Zimbabwe 26 September 1994 . Status / map.
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