Public policy permeates the legal principles of a state and its ruling government.The justification of public policy is topical to the ethics and canons acknowledged by that state.These values are determined 1964-1973 Fuel System by the applicable political, social, economic, religious, and legal systems, which differ among states.As public policy usually best illuminates the broad area of government laws, regulations, provincial ordinances, and court decisions, the standards creating public policy alter as states develop.The motif of public policy is critical when the question of enforcement of General Speakers arbitral awards suffice.
There is no definite meaning of the term in the famous Convention on the Recognition and Enforcement of Foreign Arbitral Awards (New York Arbitration Convention) to enforce foreign arbitral awards.Hence, this paper explores and traces some contemporary trends in defense of public policy as an exception to the enforcement of arbitral awards worldwide.