The Legal Framework for Arbitration
General Information
UNCITRAL Model-Law based: Yes.
Legal Provisions: Arbitration Act (2006) (Zakon o arbitraži, “Official Gazette of the Republic of Serbia”, Službeni Glasnik No. 46/2006).
Arbitral Institutions
Permanent Arbitration at the Chamber of Commerce and Industry of Serbia
Belgrade Arbitration Center (BAC)
Multilateral Conventions
New York Convention: Yes (ratification/accession: 12 March 2001); reservations:
1. The Convention is applied in regard to the Federal Republic of Yugoslavia only to those arbitral awards which were adopted after the coming of the Convention into effect.
2. The Federal Republic of Yugoslavia will apply the Convention on a reciprocal basis only to those arbitral awards which were adopted on the territory of the other State Party to the Convention.
3. Federal Republic of Yugoslavia will apply the Convention [only] with respect to the disputes arising from the legal relations, contractual and non-contractual, which, according to its national legislation are considered as economic.European Convention: Yes (ratification/accession: 12 March 2001).
ICSID Convention: Yes (ratification/accession: 9 May 2007).
Energy Charter Treaty: No.
Last updated February 2019