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Burundi accedes to New York Convention

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The east African state of Burundi has become the 150th state party to the Convention on the Recognition and Enforcement of Foreign Arbitral Awards (the ‘New York Convention’). Burundi made a “commerciality reservation” to the Convention, which means that the Convention will only apply to disputes characterized as commercial under national law. So long as this requirement is met, as of 21 September 2014 (the date the Convention comes into force in Burundi), arbitral awards made in Burundi will be enforceable in all states that are party to the New York Convention, and awards made in other states will be enforceable in Burundi. Read more here.


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