PART 1:

United Nations Conference on International Commercial Arbitration, New york, 20 May–10 June 1958

 On May 3, 1956, Resolution 604 was adopted to convene a conference in concluding a

convention on recognition and enforcement of foreign arbitral awards as well as considering
measures to increase effectiveness of arbitration in settlements. The Economic and Social
Council deliberated, prepared, and opened the Convention for signature.
 In addition, suggestions and recommendations prepared by the Secretary-General were taken
into account to consider measures in increasing the effectiveness of arbitration in settlement of
private law disputes.
◦ As commercial arbitration progresses through prevailing information on arbitration,
organizations should continue to pursue activities regarding such matters.
◦ Creation of new abribitration facilities and development of current ones should be done by
appropriate governmental and other organizations to avoid duplication of efforts and
emphasize on measures which give greater benefits.
◦ Governments and other organiztions are encouraged to provide tehnical assistance in
furtherance of the said aim.
◦ National laws on arbitration should be uniform to define suitable subject matter for model
arbitration statutes and other measures.
◦ United Nations should encourage further study of measures to increase the effectiveness of
arbitration in the settlement of disputes.