Enforcement of Foreign Arbitral Awards—An Introduction

This chapter seeks to explain the importance of the enforcement of Arbitral Awards in South Asia with global trade in the South Asia region being at the threshold of a new era. Global trade has been made all the more significant by China’s push towards the development of the new Silk Road. International commercial arbitration has been regarded as the norm for for resolving international business disputes for many years and the supply chain by road, rail and ship are creating a multinational supply chain though South Asia, South-East and Central Asia into Europe. Hence, it is inevitable that the newly proposed Silk Road would create new challenges to Dispute Resolution practices, especially pertaining to the enforcement process of an Arbitral Award.