The Legal Framework for Arbitration in Romania

General Information

  • UNCITRAL Model-Law based: No 
  • Legal Provisions: Civil Procedure Code, BookVII, Title IV "International Arbitration and the Effects of Foreign Awards", Book IV "On Arbitration";

Multilateral Conventions

  • New York Convention: Yes (ratification/accession: 13 September 1961); reservations: commercial disputes; reciprocity, related to the awards issued on the territory of certain non-contracting States, established by joint agreement between the parties.
  • European Convention: Yes (ratification/accession: 16 August 1963); reservations: none.  
  • ICSID Convention: Yes (ratification/accession: 12 September 1975); Entry into force: 12 October 1975; reservations: none. 
  • Energy Charter Treaty: Yes (ratification/accession: 10 March 1996); Entry into force: 16 April 1998; reservations: none. 
  • International Energy Charter: Yes (signed on 20 May 2015)

Arbitral Institutions

Last updated November 2016