A Comparative Study of the Legal Systems of Iran and China Regarding the Enforcement of Arbitration Awards in Light of the 1958 New York Convention | [International Journal of Communication Networks and Information Security • 2024]

Author(s):

1. Khatera Tokhi: Department of private Law.Faculty of law and political.University of Kharazmi ofIianTehren

2. Alireza Salehifar: Faculty of Law and Political Sciences. Kharazmi University, Tehran, Iran

Abstract:

The China International Economic and Trade Arbitration Commission (CIETAC) is one of the prominent arbitration institutions in China, providing a fair environment for the facilitation and assurance of the enforcement of international commercial arbitration awards, in accordance with international standards, by offering clear legal guidelines for the parties involved. This institution plays a significant role in the development of international trade relations. CIETAC has established regulations based on modern arbitration principles and rules. The enforcement of commercial arbitration awards in Iranian law has also gained attention, emphasizing efforts to align with international standards while maintaining the autonomy of the parties involved. At the international level, the recognition and enforcement of CIETAC's and Iran's arbitration awards are carried out in accordance with the 1958 New York Convention rules. Both legal systems, despite deviations from some international legal principles, adhere to these principles overall, though differences exist in the details. This article offers a comparative analysis of the legal systems of Iran and China regarding the recognition and enforcement of international commercial arbitration awards from the perspective of CIETAC's regulations and Iranian arbitration laws, in light of the 1958 New York Convention. The principles, obstacles, methods of recognition, and enforcement of arbitration awards, along with the specific features and gaps in both legal systems, are examined using a descriptive and analytical method. Ultimately, the study identifies the characteristics and gaps in the enforcement of international arbitration awards in both systems, given their crucial role in the development and promotion of international trade.

Page(s): 1201-1215

DOI: DOI not available

Published: Journal: International Journal of Communication Networks and Information Security, Volume: 16, Issue: 4, Year: 2024

Keywords:

Iran , China , International , 1958 New York Convention , Arbitration

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