Recognition and Enforcement of Foreign Arbitral Awards in Belarus: Is It Really a Problem?
Article from: TDM 3 (2012), in Russian and CIS Arbitration Network (RCAN) Supplement
Belarus is often perceived as "unfriendly" jurisdiction to arbitration in general and to recognition of foreign arbitral awards in particular. A few years ago that was true to a large extent. However recent statistics shows the opposite. According to the available data published by the Supreme Commercial Court of the Republic of Belarus (hereinafter - Supreme Commercial Court) there was no single refusal to recognise or enforce a foreign arbitral award during past three years. By way of example 24 applications on recognition and enforcement of foreign arbitral awards rendered in ...