The Legal Framework for Arbitration

General Information

  • UNCITRAL Model-Law based: Yes.

  • Legal Provisions: (i) Domestic Arbitration: Arbitration Law, Chapter 4 of the codified laws of Cyprus; English translation provided on the website dedicated to the New York Convention, and (ii) International Arbitration: International Commercial Arbitration Law 101/1987, as amended.

Arbitral Institutions

  • Cyprus Chamber of Commerce and Industry (CCCI)

  • Cyprus Eurasia Dispute Resolution and Arbitration Centre (CEDRAC)

Multilateral Conventions

  • New York Convention: Yes (ratification/accession: 29 December 1980); reservations: The Republic of Cyprus 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 relationships, whether contractual or not, which are considered as commercial under its national law.

  • European Convention: No.

  • ICSID Convention: Yes (ratification/accession: 25 November 1966).

  • Energy Charter Treaty: Yes (ratification/accession: 2 January 1998).


Last updated February 2019