-

The first Iran's International Commercia1 Arbitration Act was enacted by Iranian Parliament in 1997. Although the Act is greatly
influenced by UNCITRAL Model Law on International Commercial Arbitration, it has its own peculiarity. An arbitration agreement which
is to be recognized and enforceable in. Iran, must meet the
. .
requirements laid down by the Act. It is, therefore, clear that an
arbitration agreement requires careful c.Of!siderat_on of the Act. This
essay focuses on the issues is to be taken into account in drafting arbitration agreements, if the agreements is to be recognized and
enforceable in accordance with the Act.