12.3. Enforcement of Foreign Judgments and Arbitral Awards

Bangladesh’s approach to enforcing foreign judgments is selective, primarily recognizing those from jurisdictions with reciprocal arrangements. The process involves filing a certified copy of the foreign judgment in a Bangladeshi district court, followed by standard enforcement procedures. However, the enforcement of foreign judgments is relatively rare, with parties often opting for local litigation or arbitration.

 

Conversely, the enforcement of foreign arbitral awards is more streamlined, especially since Bangladesh is a signatory to the New York Convention. The Arbitration Act of 2001 facilitates the recognition and enforcement of these awards, reflecting the country’s commitment to international arbitration standards.

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