Rights Governing the Formalities of International Trade Arbitration Agreement in the Light of Citizenship Rights

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Article Type:
Research/Original Article (دارای رتبه معتبر)
Abstract:
Background and Aim

The formalities of arbitration agreements seek to make sure that the parties involved have in fact reached an agreement. As well, the issues associated with the realization of the formal condition and the consent for arbitration are often intertwined and considered together. In Iran’s legal system, the formalities of arbitration in international trade differ on the basis of 1. Whether they are considered by a national court or arbitration authority; 2. The stage of the agreement. After analyzing various theories, the New York Convention and, where possible, the easier formalities in arbitration law in both state judicial authorities and private ones are accepted.

Method

This research is of theoretical type and the research method is descriptive-analytical and the method of data collection is library and has been done by referring to documents book and articles.
Ethical Considerations: In order to organize this research while observing the authenticity of the texts honesty and fidelity have been observed.

Results

The convergence of the dominant way of thinking in the legislative system of statutes in Iran with the dominant international law governing international arbitration in formalities foreseeing the validation of arbitration agreements holds promise for a facile settlement of differences of Iranian businessmen taking into account the new findings in international trade.

Conclusion

Currently, in both the statutes of Iran and the approach of the international arbitration bodies emphasizing the performance of organizational arbitration, there is a need to implement formalities on validating the international trade arbitration agreements. It is done to facilitate the procedure regardless of the stage at which it is - on the national and international level - and despite difficulty in identifying the dominant law.

Language:
Persian
Published:
Iranian Journal of Medical Law, Volume:16 Issue: 57, 2022
Pages:
89 to 101
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