I. INTRODUCTION: ARBITRATION IN AZERBAIJAN – HISTORY AND INFRASTRUCTURE
International and domestic arbitration as a means of alternative dispute resolution is allowed under the national legislation of the Republic of Azerbaijan. Since the independence of the country gained in 1991, a number of laws have been passed and a number of international conventions and agreements setting policies and rules for dispute settlement among nationals and enterprises of different countries were ratified by the Milli Majlis (Parliament) of the Republic. Since January 15, 1992, the Republic of Azerbaijan has been a party to the Washington Convention of 1966, which provides an arbitration forum for settlement of investment disputes among states and nationals of other states, as well as the European Convention on International Commercial Arbitration of 1961, and the New York Convention on Recognition and Enforcement of Foreign Arbitral Awards on November 9, 1999.