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. |
NEW YORK CONVENTION, 1958.
Date of signature: 26 August 1958. Date of ratification: 14 March 1989.
Entry into force for : 12 June 1989.
Limited to Awards:
Declarations:
Upon signature: "If another Contracting Party extends the application of the Convention to territories which fall within the sovereignty of the Argentine Republic, the rights of the Argentine Republic shall in no way be affected by that extension."
Upon ratification: "On the basis of reciprocity, the Republic of Argentina will apply the Convention only to the recognition and enforcement of foreign arbitral awards made in the territory of another Contracting State. It will also apply the Convention only to differences arising out of legal relationships, whether contractual or not, which are considered as commercial under its national law.
"The Convention will be interpreted in accordance with the principles and clauses of the National Constitution in force or those resulting from modification made by virtue of the Constitution." Objection:
of 29 December 1989 "The Federal Republic of Germany is of the opinion that the second paragraph of the declaration of the Argentine Republic represents a reservation and as such is not only contradictory to article I (3) of the Convention but is also vague and hence inadmissible; it therefore raises an objection to that reservation.
"In all other respects this objection is not intended to prevent the entry into force of the Convention between the Argentine Republic and the Federal Republic of Germany."
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