Armenia

The Legal Framework for Arbitration

General Information

  • UNCITRAL Model-Law based: Yes.

  • Legal Provisions: Law of the Republic of Armenia on Commercial Arbitration (Law No. HO-55-N, adopted on 25 December 2006).

  • Law of the Republic of Armenia on Arbitration Courts and Arbitration Procedures (Adopted on 5 May 1998).

Arbitral Institutions

  • The Arbitration Court of the Chamber of Commerce and Industry of the Republic of Armenia 

Multilateral Conventions

  • New York Convention: Yes (ratification/accession: 29 December 1997); reservations: "1.The Republic of Armenia will apply the Convention only to recognition and enforcement of awards made in the territory of another Contracting State. 2. The Republic of Armenia will apply the Convention only to differences arising out of legal relationships, whether contractual or not, which are considered as commercial under the laws of the Republic of Armenia.".

  • European Convention: No.

  • ICSID Convention: Yes (ratification/accession: 16 September 1992).

  • Energy Charter Treaty: Yes (ratification/accession: 18 December 1997).

 

Last updated February 2019