Page 136 - Introduction to Investment Laws in Thailand
P. 136

6.2.2 Recognition and Enforcement of Foreign Arbitral Award
                     The  Arbitration  Act  prescribes  the  rules  for  the  recognition  and
                enforcement of arbitral award, irrespective of the country in which the
                arbitration  has  been  conducted. The  enforcement of  a  foreign  arbitral
                award under the Thai Arbitration Act 2002 is identical to that for the
                enforcement of domestic arbitration awards.
                     Since  Thailand  is  a  member  of  the  Geneva  Convention  on  the
                Execution of Foreign Awards 1927 and Convention on the Recognition
                and Enforcement of Foreign Arbitral Awards 1958, the enforcement of a
                foreign arbitral award under the Geneva Convention and the New York
                Convention can be done provided that the requirements of the Convention
                are satisfied.






























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