As part of a deal for power-generating equipment, Solar Wind Company and Thermal Gen Ltd. enter into a written contract that includes a clause providing for the arbitration of any dispute in the United States. Under the New York Convention, if a dispute arises, a court will compel arbitration if both parties are

Question

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Under the New York Convention, for an arbitration agreement to be internationally recognized and enforced, it is not necessary for both parties to be U.S. citizens. The key factor is that the parties are from different countries that are signatories to the convention. The option suggesting that both parties are not U.S. citizens aligns with the convention's applicability to international commercial agreements and disputes.

As Part of a Deal for Power-Generating Equipment, Solar Wind