In accordance with article I, paragraph 3, the Government of the Kingdom of Belgium declares that it will apply the Conven- tion to the recognition and enforcement of arbitral awards made only in the territory of a Contracting State.
By signing up to the Convention, a state agrees that its courts will respect and enforce parties' agreements to arbitrate, and to recognise and enforce any resulting arbitral award in its jurisdiction subject to only very limited grounds for refusal.
(b) The Kingdom of Bhutan will apply the Convention only to differences arising out of legal relationships, whether contractual or not, that are considered commercial under the national laws.”
[seis] This reasoning given by the DHC was probably an effort to justify its holding that the ISDS Regime would be ‘non-commercial’ in nature. The DHC followed the same reasoning in another judgment passed recently.[7]
“For me, as a doctor and as an immigrant in the US, there can’t be a better way to make a difference to healthcare both in the US and in India than educate and train doctors and other medical professionals.
The annual session of the General Assembly is one of the most important events of the United Nations. A number of heads of state and government take the dais to put forward their ideas at the international forum.
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4 billion people, or 18 percent of the world's population, are currently grandparents. Join Dr Michael Carr-Gregg’s as he covers the several ways to be a better grandparent.
2. Mongolia will apply the Convention only to differences arising out of legal relationships, whether contractual or not, which are considered as commercial under the national law of Mongolia."
Referring to the possibility offered by article I (3) of the Convention, the Principality of Monaco will apply the Convention, on the basis of reciprocity, to the recognition and enforcement of awards made only in the territory of another contracting State; furthermore, it will apply the Convention only to differences arising out of legal relationship, whether contractual or not, which are considered as commercial under its national law.
"2. [The Government of Norway] will not apply the Con- vention to differences where the subject matter of the proceedings is immovable property situated in Norway, or a right in or to such property."
The sources suggest that diplomats, often feeling repressed in their home countries, indulge in such activities during their time in New York.
"(a) In accordance with article 1 (3) of the Convention, the Islamic Republic of Iran will apply the Convention only to differences arising out of legal relationships, whether contractual or not, which are considered as commercial under the national law of the Islamic Republic of Iran;
[29] The primary goal of any investment treaty, is indeed to encourage aapi convention 2024 foreign direct investment by providing an additional safeguard to a foreign investor’s commercial interests and the promotion of international trade.[30] Astonishingly, the DHC not only failed to take into consideration the UNCITRAL Model Law, but also faltered in so far as its application of law laid down by the Supreme Court of India is concerned. It would not be surprising, if the Supreme Court were to, on appeal, set aside the two Judgements of the DHC for being contrary to law.