Little Commercial Arbitration in NicaraguaMonday, May 7, 2012 A study funded by FUNIDES says that despite the advantages of the system, the practice of commercial arbitration in the country is very limited. A Statement from the Nicaraguan Foundation for Social and Economic Development reads: International Conference on Arbitration in PanamaMonday, February 29, 2016 Experts will be meeting in Panama City from 16th to 18th of March to discuss issues and progresses related to arbitration procedures in Latin America and the world. From a statement issued by the Chamber of Commerce, Industries and Agriculture of Panama: The Downside to Private ArbitrationMonday, April 1, 2013 Putting a trade dispute in the hands of conciliation tribunals and private arbitration is not quite as convenient as it may seem at first glance. Jerry Ten Brink, in an article in Elfinancierocr.com analyzes the common practice among businesses of establishing the jurisdiction of a private tribunal in resolving disputes which may arise. IV International Congress of ArbitrationWednesday, January 30, 2013 Costa Rica will host the Congress which will focus on continental law and the so called Common Law in International Arbitration. The event will be held on 18 and 19 February this year and will include the participation of prominent lawyers and experts in these legal figures, which are crucial for trade and public-private and multilateral business relations. Panama: New Rules for ArbitrationFriday, June 12, 2015 Changes have been made to the way that complaints are made and to testing, the time to respond to claims and counterclaims as well as the rules in order to incorporate third parties into the arbitral process. From a statement issued by the Chamber of Commerce, Industries and Agriculture of Panama: Tariff dispute: Colombia wins the caseFriday, October 5, 2018 The WTO decided that Colombia has complied with a resolution that required it to remove tariffs and restrictions on imports of textiles, clothing and footwear from the Libre de Colón zone in Panama. The conflict arose after a complaint by Panama after Colombia imposed a tariff on textiles and footwear from the Libre de Colón Zone. The dispute began more than five years ago. Ruling in Favor of Panama in Conflict with Guatemala Over Fruit JuicesFriday, February 24, 2017 In the arbitration process a ruling was made in favor of Panama's bar on import registrations for juices that did not meet the requirements for fruit content. The problem began in November 2015 when Panama decided to restrict the entry of nectars from Guatemala for failing to comply with labeling rules and the minimum amounts of fruit that such drinks must contain under Panamanian rules. V International Congress on ArbitrationWednesday, February 19, 2014 Arbitration experts from 23 countries will meet from 23 to 25 February in San Jose, Costa Rica. From 23 to 25 February, arbitration experts from 23 countries will meet in Costa Rica which will host the V International Arbitration Congress, entitled: "International Arbitration: Challenges and Trends". Panama: Problems with Colombian Tariffs AgainTuesday, January 26, 2016 The government of Colombia has announced it will appeal over the WTO ruling in favor of Panama in the conflict over the imposition of mixed tariffs on imported textiles and shoes from the Central American country. On 27 November, the WTO ruling confirmed that the measures taken by Colombia, in establishing mixed tariffs on textiles and footwear, violate the country's commitments to the organization. El Salvador Denounces Honduras Over Juices and NectarsThursday, September 3, 2015 The government has activated the Mechanism for Trade Dispute Settlement in Sieca arguing the imposition of non-tariff entry barriers on Salvadoran juices and nectars. Margarita Ortez, head of the Directorate of Administration of Trade Agreements (Datco), at the Ministry of Economy and Trade, told Elmundo.sv that "... ICSID Arbitration Rules in Favor of PanamaTuesday, June 7, 2016 The Centre for Settlement of Investment Disputes has ruled against the businessman Julio Lisac, who filed the suit after cessation of a concession for a hydroelectric project. From a statement issued by the Ministry of Economy and Finance: New Arbitration Law in PanamaFriday, January 24, 2014 With this legislation, the country will be able to develop a new business sector and establish itself as an international center for arbitration. Recently, the country approved a law to regulate domestic and international arbitration. This will allow Panama to position itself as an international arbitration center, thanks to its logistics development, infrastructure and connectivity. Tariff Conflict: Panama Appeals WTO JudgmentWednesday, November 21, 2018 Panama appealed against the first instance ruling, which concluded that Colombia's restrictive customs control measures do not violate WTO rules. From the statement of the Ministry of Commerce and Industries of Panama: Tariff Conflict between Panama and Colombia ContinuesTuesday, June 20, 2017 The WTO has established a new compliance panel to verify whether or not the South American country has complied with the ruling mandating it to withdraw the tariff on imports of textiles and footwear from Panama. The decision of the Dispute Settlement Body of the World Trade Organization (WTO) was made at the request of the Panamanian government, which requested a panel be established for a second time, arguing that the South American country continues to impose restrictions on the importation of the products in question "... and that it wanted the trade dispute to be addressed within the framework of the WTO." WTO Rules In Favour of Panama Over Colombian TariffsTuesday, June 7, 2016 The World Trade Organization has rejected Colombia's appeal against a judgment condemning the South American country's tariffs on imports of textiles and footwear coming from Panama. Arguing that the taxes that Colombia set in 2013 are inconsistent with the General Agreement on Tariffs and Trade (GATT), the World Trade Organization rejected the appeal imposed by Colombia, indicating, in virtue of the case "...we do not believe it is necessary to examine the arguments put forward by Colombia in the appeal. " |
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