Knowledge Base

The Legal Framework for Arbitration in Montenegro

General Information

  • UNCITRAL Model-Law based: The legislation is influenced by the Model Law and the principles on which it is based.
  • Legal Provisions: The Montenegrin Arbitration Act (Zakon o arbitrazi), entered into force 26 August 2015

Multilateral Conventions

  • New York Convention: Yes (ratification/accession: 23 October 2006); reservations: applicable only on foreign awards, commercial disputes, only applicable to those awards which were adopted after the entry into effect of the Convention.
  • European Convention: Yes (ratification/accession: 23 October 2006); reservations: none.
  • ICSID Convention: Yes (ratification/accession : 10 April 2013) reservations: none
  • Energy Charter Treaty: Yes.

Arbitral Institutions

Last updated July 2017