New York Convention Compliance Act

New York Convention Compliance Act - Amends the Omnibus Trade and Competitiveness Act of 1988 to direct the President to determine, in addition to the satisfaction of other specified requirements, whether a country that is a party to the New York Convention (Convention on the Recognition and Enforcement of Foreign Arbitral Awards) is fulfilling its obligations under the Convention before it accedes to the World Trade Organization (WTO) Agreement. Declares that if there is a negative determination the President shall reserve the U.S. right to withhold extension of the application of the WTO Agreement between the United States and the country. Declares that the WTO Agreement shall not apply between the United States and such country until: (1) the President certifies to the Congress that the country is fulfilling its obligations under the New York Convention; or (2) enactment into law of a bill approving extension of the application of the WTO Agreement between the United States and that country.