
From the U.S. Code Online via GPO Access
[wais.access.gpo.gov]
[Laws in effect as of January 2, 2001]
[Document not affected by Public Laws enacted between
  January 2, 2001 and January 28, 2002]
[CITE: 22USC1650a]

 
               TITLE 22--FOREIGN RELATIONS AND INTERCOURSE
 
             CHAPTER 21A--SETTLEMENT OF INVESTMENT DISPUTES
 
Sec. 1650a. Arbitration awards under the Convention


(a) Treaty rights; enforcement; full faith and credit; nonapplication of 
        Federal Arbitration Act

    An award of an arbitral tribunal rendered pursuant to chapter IV of 
the convention shall create a right arising under a treaty of the United 
States. The pecuniary obligations imposed by such an award shall be 
enforced and shall be given the same full faith and credit as if the 
award were a final judgment of a court of general jurisdiction of one of 
the several States. The Federal Arbitration Act (9 U.S.C. 1 et seq.) 
shall not apply to enforcement of awards rendered pursuant to the 
convention.

(b) Jurisdiction; amount in controversy

    The district courts of the United States (including the courts 
enumerated in section 460 of title 28) shall have exclusive jurisdiction 
over actions and proceedings under subsection (a) of this section, 
regardless of the amount in controversy.

(Pub. L. 89-532, Sec. 3, Aug. 11, 1966, 80 Stat. 344.)

                       References in Text

    Chapter IV of the convention, referred to in subsec. (a), contains 
the Arbitration provisions of the Convention on the Settlement of 
Investment Disputes Between States and Nationals of Other States, 
providing in Section 1 (Art. 36) for Request for Arbitration, Section 2 
(Arts. 37 to 40) for Constitution of the Tribunal, Section 3 (Arts. 41 
to 47) for powers and functions of the tribunal, Section 4 (Arts. 48, 
49) for The Award, Section 5 (Arts. 50 to 52) for interpretation, 
revision and annulment of the award, and Section 6 (Arts. 53 to 55) for 
recognition and enforcement of the award.
    The Federal Arbitration Act, referred to in subsec. (a), is 
classified generally to Title 9, Arbitration.
