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New York Convention 1958-1999. Though a little dated, we hoped this graphic would make the point about the "rise and rise" of the New York Convention. |
Date of accession: 13 September 1961. Entry into force for : 12 December 1961. Limited to Awards:
"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."=81 |
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