International Arbitration Comparative Guide

1 Legal framework

1.1 What is the relevant legislation on arbitration in your jurisdiction? Are there any significant limitations on the scope of the statutory regime – for example, does it govern oral arbitration agreements?

Arbitration in Armenia is governed by the Law on Commercial Arbitration and certain provisions of the Civil Procedure Code.

There are no significant limitations on the scope of this statutory regime. The law does not govern oral arbitration agreements.

The statutory regime is not specifically restrictive, provided that the arbitration agreement is concluded in accordance with the law. In light of this, oral arbitration agreements are not enforceable under Armenian law, as the Law on Commercial Arbitration explicitly provides that arbitration agreements must be in writing.