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IP Treaties Collection

Contracting Parties Convention on the Recognition and Enforcement of Foreign Arbitral Awards Romania

Dates Accession: September 13, 1961 Entry into force: December 12, 1961

Declarations, Reservations

Reservations made upon accession:
"The Romanian People's Republic will apply the Convention only to differences arising out of legal relationships, whether contractual or not, which are considered as commercial under its legislation.
The Romanian People's Republic will apply the Convention to the recognition and enforcement of awards made in the territory of another Contracting State. As regards awards made in the territory of certain non-contracting States, the Romanian People's Republic will apply the Convention only on the basis of reciprocity established by joint agreement between the parties."