UNCITRAL Model-Law based: Yes.
Legal Provisions: The Law on Commercial Arbitration, in force from 2 May 1996, as amended in June 2012.
Vilnius Court of Commercial Arbitration (VCCA)
Vilnius International and National Commercial Arbitration
Lithuanian Court of Arbitration
New York Convention: Yes (ratification/accession: 14 March 1995); reservations: [The Republic of Lithuania] will apply the provisions of the present Convention to the recognition of arbitral awards made in the territories of the Non-Contracting States, only on the basis of reciprocity.
European Convention: No.
ICSID Convention: Yes (ratification/accession: 6 July 1992).
Energy Charter Treaty: Yes (ratification/accession: 29 July 1998).
Last updated February 2019