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ARTICLE · 30 DECEMBER 2015

Light At The End Of The Tunnel For Thai Arbitration?

Mayer Brown
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Arbitration in Thailand has not always enjoyed the support it deserves from its governments. That is not to say arbitration in Thailand is not well developed.

ThailandGovernment, Public Sector
Kevin Owen
Kevin Owen
Maythawee Sarathai
Maythawee Sarathai
James Rix
James Rix
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Keywords: Thailand, arbitration, Thai Arbitration Act,

Arbitration in Thailand has not always enjoyed the support it deserves from its governments. That is not to say arbitration in Thailand is not well developed. Thailand is a contracting state to the New York Convention on the Recognition and Enforcement of Foreign Arbitral Awards 1958 and has signed, but yet to ratify, the Washington Convention of 1965. To date, Thailand has signed 41 bilateral investment treaties. In terms of domestic legislation, the Thai Arbitration Act first appeared in 1987 and was amended in 2002 to incorporate and reflect the practices of modern arbitration embodied in the United Nations Commission on International Trade Law (UNCITRAL) Model Law 1985.

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