Arbitration & ADR, International updates

 
60th anniversary of New York Convention: a Q&A
Norton Rose Fulbright LLP
  • International
  • 24 May 2018

In 2018 the Convention on the Recognition and Enforcement of Foreign Arbitral Awards 1958 (known as the New York Convention) will celebrate its 60th anniversary. The New York Convention governs two fundamental aspects of international arbitration – namely, how states will treat arbitration agreements and arbitral awards that were made in other jurisdictions. There are 157 contracting states to the convention, which creates an almost universal regime governing these two important issues.

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