Arbitration Awards
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Arbitration Awards Start Comparison
Is this jurisdiction a party to the New York Convention?

Yes, with two declarations (reciprocity and commerciality) pursuant to Article I.3 of the Convention.

What is the approximate time required to register and enforce a foreign arbitration award if unopposed?

About a year.

What is the approximate time required to register and enforce a foreign arbitration award if opposed?

This can be a very cumbersome proceeding that could last for years. 

What is the approximate cost of registering and enforcing a foreign arbitration award (including court fees and other disbursements) if unopposed?

No less than USD 50,000.

What is the approximate cost of registering and enforcing a foreign arbitration award (including court fees and other disbursements) if opposed?

No less than USD 200,000.

Are there any unusual difficulties in enforcing a foreign arbitration award?

No.