E/AC.42/2 - Protocol on Arbitration Clauses, Geneva, 24 September 1923
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History 1923 - 1958
The New York Convention was established as a result of dissatisfaction with the Geneva Protocol on Arbitration Clauses of 1923 and the Geneva Convention on the Execution of Foreign Arbitral Awards of 1927. The initiative to replace the Geneva treaties came from the International Chamber of Commerce ("ICC"), which issued a preliminary draft convention in 1953. The ICC's initiative was taken over by the United Nations Economic and Social Council ("ECOSOC"), which produced an amended draft convention in 1955. That draft was discussed during a conference at the United Nations Headquarters in May-June 1958, which led to the establishment of the New York Convention. Documents showing the history of these developments can be found below.