Model Bilateral Arbitration Treaty Released For Public Comment

We are pleased to announce the publication of a Model Bilateral Arbitration Treaty for comment by interested governmental, commercial and other parties. Comments can be sent to [email protected] or posted for public review here.

The Model Bilateral Arbitration Treaty ("BAT") provides a default arbitration mechanism for the resolution of defined international commercial disputes. The mechanism would utilize the UNCITRAL Arbitration Rules, providing an expert, efficient and enforceable means of resolving commercial disputes when nationals from contracting states had not agreed upon an alternative means of dispute resolution. Awards made pursuant to the BAT would be subject to recognition in the contracting states pursuant to the terms of the New York Convention and, subject to additional arrangements, in all New York Convention contracting states.