Myanmar passed a new Arbitration Law
05 Jan 2016
On 5 January 2016, the Union Parliament of Myanmar passed a new Arbitration Law (Law No. 5/2016). The new law provides a comprehensive legal framework for the conduct of domestic and international arbitration arising in Myanmar. This law gives effect to Myanmar's ratification (in April 2013) of the "Convention on the Recognition and Enforcement of Foreign Arbitral Awards" (also known as the New York Convention).
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Treatment and operation (Dispute settlement)
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