Current Law and Future Projects - Chapter 2 - Arbitration Law of Russia: Practice and Procedure
2.1 INTERNATIONAL TREATIES
The main international treaty governing the enforcement of arbitration awards is the 1958 New York Convention on the Recognition and Enforcement of Foreign Arbitral Awards (New York Convention). The USSR acceded to the New York Convention in 1960. It went on to accede to the European Convention on International Commercial Arbitration (European Convention) in 1961.
In 1972, the USSR organised the Moscow Conference on Arbitration Resolution of Civil Law Disputes. It resulted in the adoption of the 1972 Moscow Convention on Arbitration Resolution of Civil Law Disputes Arising from Economic and Scientific Cooperation.
After the collapse of the Soviet Union, the Russian Federation declared that it would continue to honour its obligations and rights under international treaties. Russia is therefore bound by all international treaties that the USSR was party to, including the New York Convention and the European Convention. Russia has signed but not ratified the 1965 Washington Convention on the Settlement of Investment Disputes between States and Nationals of Other States (International Centre for Settlement of Investment Disputes).
There are also a number of bilateral mutual legal assistance treaties in place between the Russian Federation and other states which contain provisions concerning the enforcement of arbitral awards, including Algeria (1982), Yemen (1985), Iraq (1973) and Argentina (2000).
2.1 International Treaties
2.2 National Legislation
2.3 Distinction between National and International Arbitration
2.4 Proposed Amendments to the Legislation