Enforcing arbitral awards in Mongolia

Arbitration in Mongolia has a long history. The first arbitration rules of Mongolia were adopted in 1930, which was 90 years ago, to resolve disputes between ministries and public companies.  

As for international arbitration, Mongolia hosts a permanent institution: the Mongolian International Arbitration Center (MIAC), which has been operating since 1960.  

However, both domestic and international arbitration is still not perceived as a real alternative to litigation in Mongolia. That said, in recent years the number of domestic arbitration cases are increasing as businesses are getting more familiar with the final and speedy nature of arbitration procedure.  

LEGAL FRAMEWORK

JURISDICTION & PROCEDURE BEFORE COURT

FORMAL AND PRACTICAL REQUIREMENTS

SUBSTANTIAL REQUIREMENTS

EFFECTS, REMEDIES & PROCEDURAL REQUESTS

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About Wagner Arbitration

The law firm WAGNER Arbitration has its offices in Berlin and specializes in dispute resolution with a focus on arbitration. In addition, the firm offers comprehensive counseling services related to domestic and international business disputes and transactions.

Disclaimer

This Journal and its contents serve informational purposes only and do not replace individual legal advice. Please contact us, should you have any inquiries or comments.

The answers provided in this questionnaire are as of July 2023. Please note that the relevant legal provisions may be subject to amendments.