Concept information
Preferred term
New York Convention
Definition
- The New York Convention, or to give its full title, the Convention on the Recognition and Enforcement of Foreign Arbitral Awards, was a series of measures adopted on June 10, 1958, during a diplomatic conference organized by the United Nations (UN). They required that the courts in the countries that sign the convention agree to recognize arbitration agreements in each of these countries. [Source: Encyclopedia of Business in Today's World; New York Convention]
Broader concept
Belongs to group
URI
https://concepts.sagepub.com/social-science/concept/New_York_Convention
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