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Ch.1 Introduction

From: The UNCITRAL Arbitration Rules: A Commentary (2nd Edition)

David D Caron, Lee M Caplan

From: Investment Claims (http://oxia.ouplaw.com). (c) Oxford University Press, 2023. All Rights Reserved. date: 14 July 2024

The evolution of an effective and trustworthy private international arbitration system over the last half a century has had three major strands and the United Nations Commission on International Trade Law (UNCITRAL) is an international organization centrally involved with the evolution of all three. The first strand is embodied in the 1958 Convention on the Recognition and Enforcement of Foreign Arbitral Awards (The “New York Convention”)1 that obliges the courts of state parties (1) to respect the agreement of parties to arbitrate and (2) to recognize and...
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