The Legal Framework for Arbitration

General Information

  • UNCITRAL Model-Law based: No.

  • Legal Provisions: Civil Procedures Law (Part D), in force from 1 March 1999, as amended.

Arbitral Institutions

  • The Arbitration Court of Latvian Chamber of Commerce and Industry (LCCI)

  • The Court of Arbitration of the Association of Commercial Banks of Latvia

  • Riga Arbitration Court

  • Riga International Arbitration Court

  • Riga District Arbitration Court

  • East Transnational Arbitration Court

  • The Business Court of Arbitration

Multilateral Conventions

  • New York Convention: Yes (ratification/accession: 14 April 1992); reservations: none.

  • European Convention: Yes (ratification/accession: 20 March 2003).

  • ICSID Convention: Yes (ratification/accession: 8 August 1997).

  • Energy Charter Treaty: Yes (ratification/accession: 18 December 1995).

 

Last updated February 2019