Law concerning International Commercial Arbitration in Iran
In 1997, the Law concerning International Commercial Arbitration in Iran has been ratified by the Iranian Parliament in order to regulate a domestic law for international commercial arbitration in Iran in accordance to the International Trade Law (UNCITRAL) Model Law and New York Convention on recognition and enforcement of foreign arbitral awards.
If you are looking for complimentary information regarding enforcement of the international arbitration awards in Iran as well as the applicability of international arbitration clause in the agreement, please read the article “The applicability of international arbitration clause in the contracts between international companies and Iranian governmental organizations”.
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