Mid-term for icl docx

Judgments of foreign courts and foreign arbitral awards adopted on disputes
and other cases arising in the economic sphere are recognized and enforced by
the economic courts of the Republic of Uzbekistan if the recognition and
enforcement of such judgments (awards) are provided by the relevant
international treaties and the legislation of the Republic of Uzbekistan.
In fact, Uzbekistan recognized and ratified the New York Convention on the 7
th
of February, 1996
19
. However, there are exceptions when that award cannot be
enforced in the territory of Uzbekistan. Those exceptions are given in Article 255
of the Code. More precisely, the economic court of the Republic of Uzbekistan
shall refuse to recognize and enforce the judgment of a foreign court in whole or
in part if:
17
2021 International Arbitration Survey: Adapting arbitration to a changing world (lsbu.ac.uk)
18
Economic procedure Code of the Republic of Uzbekistan, Art. 248.
19
https://www.newyorkconvention.org/list+of+contracting+states

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1) the judgment, according to the law of the state in the territory of which it has
been adopted, has not entered into legal force, with the exception of cases when
the judgment is subject to enforcement before its entry into legal force;
2) the party against which the judgment has been adopted has not been in due time
properly informed on the time and place of consideration of the case or for other
reasons could not present his explanations to the court;
3) consideration of the case, in accordance with an international treaty or the
legislation of the Republic of Uzbekistan, refers to the exclusive competence of
the court in the Republic of Uzbekistan;
4) there is a judgment of the court in the Republic of Uzbekistan which has entered
into legal force, adopted on the dispute between the same persons, on the same
subject matter, and on the same grounds;
5) a case is under consideration of the court in the Republic of Uzbekistan on the
dispute between the same persons, on the same subject matter, and on the same
grounds, proceedings on which have been initiated before the initiation of the
proceedings on the case in a foreign court;
6) the limitation period has expired on enforcement of the judgment of a foreign
court, and this period was not restored by the court;
7) a party presented evidence that the dispute has been resolved by an incompetent
foreign court;
8) if the decision was canceled by the competent body of a foreign country;
9) the decision has been made by a court of a foreign state that is not a party to
international treaties of the Republic of Uzbekistan related to the recognition and
enforcement of judgments of foreign courts;
10) enforcement of the judgment of a foreign court will be harmful to the
sovereignty or security of the Republic of Uzbekistan or contradict the basic
principles of the legislation of the Republic of Uzbekistan.
It means that the award itself is not enough, it must meet certain requirements
under the regulations of Uzbekistan.
According to the statistics revealed by the Supreme Court of the Republic of
Uzbekistan
20
, thirty-one cases related to the recognition and enforcement of
foreign arbitral awards have been examined by economic courts of Uzbekistan for
the last nine months. Out of thirty-one, thirty cases were positively resolved
(satisfied) and one was rejected. This statistics shows that the rate of recognizing
20
https://stat.sud.uz/iib.html

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and reinforcing foreign arbitral awards is very high in Uzbekistan which improves
the reliability and trust towards the courts of Uzbekistan.