Since April 2022, the execution of foreign arbitral awards in favor of residents of foreign states has been suspended, declared unfriendly. The list of unfriendly states was approved by the Government of Belarus. This list includes Australia, the member States of the European Union, Canada, Liechtenstein, Norway, New Zealand, Albania, Iceland, North Macedonia, Great Britain and Northern Ireland, the United States, Montenegro, Switzerland. This means that Belarusian banks will not accept for execution payment documents issued on the basis of foreign arbitral awards in favor of residents of these states.
Enforcement of foreign arbitral awards in favor of natural persons — residents of unfriendly States. The execution of arbitral awards in favor of individuals who are residents of unfriendly States has not been suspended.
Enforcement of foreign arbitral awards in favor of natural persons — residents of unfriendly States
The execution of arbitral awards in favor of individuals who are residents of unfriendly States has not been suspended.