Romania, by adhering in July 1961, to the Convention on the Recognition and Enforcement of Foreign Arbitral Awards, adopted in New-York as at 10 June 1958, on that occasion formulated a reserve, in the sense that our country shall enforce the Convention „only to disputes arising from lawful contractual or non-contractual relations being deemed as commercial by the national law”. Since as at the 1st October 2011 the current Romanian Civil Code entered into force (Law no. 287/2009, as republished as at 15 July 2011), as well as Law no. 71/2011 for the enforcement of the current Civil Code, both of them having a monist character (without considering the commercial law as an autonomous discipline of law), but recognizing further the category of merchants (a component of the professionals’ category) the authoress considers that, on one hand, the above mentioned reserve shall be construed as referring exclusively to the legal relations among merchants, and, on the other hand, as opposed to what the law is, that Romania is about to waive the concerned reserve at issue in the future.
RAPORTURILE JURIDICE COMERCIALE ȘI IMPLICAȚIILE ACTUALULUI COD CIVIL CU PRIVIRE LA APLICABILITATEA, ÎN ROMÂNIA, A CONVENȚIEI DE LA NEW YORK (1958) PRIVIND RECUNOAȘTEREA ȘI EXECUTAREA HOTÃRÂRILOR ARBITRALE STRÃINE
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