Lexology Getting the Deal Through: Arbitration 2022
Multilateral conventions relating to arbitration
Is your jurisdiction a contracting state to the New York Convention on the Recognition and Enforcement of Foreign Arbitral Awards? Since when has the Convention been in force? Were any declarations or notifications made under articles I, X and XI of the Convention? What other multilateral conventions relating to international commercial and investment arbitration is your country a party to?
Azerbaijan is a contracting state to the New York Convention on the Recognition and Enforcement of Foreign Arbitral Awards. The Convention was ratified by the Parliament on 9 November 1999. No declarations or notifications were made under any of the articles of the Convention. In addition to the New York Convention, Azerbaijan is a party to the European Convention on International Commercial Arbitration.
Bilateral investment treaties
Do bilateral investment treaties exist with other countries?
Azerbaijan has entered into bilateral investment treaties with 52 countries.
Domestic arbitration law
What are the primary domestic sources of law relating to domestic and foreign arbitral proceedings, and recognition and enforcement of awards?
The primary domestic sources of law are the Law on International Arbitration and the Civil Procedure Code.
Authors: Ummi Jalilova - Managing Partner, Royal Ibrahimli - Associate, Fatima Eyyub - Junior Associate of GRATA Azerbaijan.
