The issues of recognizing foreign arbitral awards by the Russian judicial system

摘要

This article deals with the recognition of decisions coming from the foreign arbitration by the courts of the Russian Federation. The authors analyze in detail the international legislation, as well as the legislation of the Russian Federation and foreign states, which regulate the procedure for recognizing foreign arbitral awards. A comparative analysis of the laws of a number of foreign countries in this area was carried out. Despite the presumption of voluntary execution of arbitral awards by the parties to the dispute, in practice, the institution of their enforcement acts. A writ of execution issued by a state court guarantees state coercion in the enforcement of an arbitration award. The topic under consideration is of particular importance for the cross-border regions.