Austria ARBITRATION

Austria Arbitration

Austria is a contracting state to the ICSID Convention:

  • Signature: 17 May 1966
  • Deposit of Ratification: 25 May 1971
  • Entry into Force: 24 June 1971
  • Pursuant to Article 54(2) of the ICSID Convention, Austria has designated Landes- und Kreisgerichte as competent for the recognition and enforcement of ICSID awards.
  • Pursuant to Article 69 of the ICSID Convention, Austria enacted the Ratifikationsurkunde für das Übereinkommen zur Beilegung von Investitionsstreitigkeiten zwischen Staaten und Angehörigen anderer Staaten (Off. Gaz. 357, Vol. 99, Sept. 10, 1971, p. 1853) to make the Convention effective in their jurisdiction.
  • Pursuant to Article 13(1) of the ICSID Convention Austria has made the following panel designations effective until 9 December 2014:
    - Prof. Dr. J. Hanns PICHLER: Department of Economics - University of Economics and Business Administration, Vienna
    - Prof. Dr. August REINISCH: Head, Section of International Law and International Relations, University of Vienna
    - Prof. Dr. Christoph SCHREUER: Professor of International Law, University of Vienna
    - Mr. Markus BURGSTALLER: Attorney-at-Law
    - Dr. Werner MELIS: Chairman, International Arbitral Centre of the Austrian Federal Economic Chamber

Austria is a contracting state to the New York Convention:

  • Date of Accession: 2 May 1961
  • Entry into Force: 31 July 1961

In 2005, Austria enacted legislation based on the UNCITRAL Model Law on International Commercial Arbitration as adopted in 1985 and is therefore now popularly considered to be an UNCITRAL Model Law State

Austria is a Contracting State to both the 1899 & 1907 Convention for the Pacific Settlement of International Disputes:

  • 1899 Entry into Force: 4 September 1900 
  • 1907 Entry into Force: 26 January 1910

Austria is a United Nations Member State:

  • Date of Admission: 14 December 1955

Official State Name: Republic of Austria - Republik Österreich

Official Language: German

Recognised Regional Languages: Slovene, Croatian, Hungarian

Capital: Vienna (Wien)

Currency: Euro (€) (EUR)

Time Zone: CET (UTC+01)

International Calling Code: +43

Internet TLD: .at

Location of  Austria  (dark green)– on the European continent  (green & dark grey)– in the European Union  (green)  —  [Legend] 

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For more details please check this URL : http://www.austriaarbitration.com