Saturday, August 12, 2006

Int'l Arbitration Conventions ratified by Brazil

Brazil is a party to: (i) the 1958 Convention on the Recognition and Enforcement of Foreign Arbitration Awards (New York Convention); (ii) 1975 Inter-American Convention on International Commercial Arbitration (Panama Convention); (iii) the 1979 Inter-American Convention on Extraterritorial Validity of Foreign Judgments and Arbitral Awards (Montevideo Convention); and (iv) the 1998 International Commercial Arbitration Agreement of MERCOSUR (Mercosur Agreement).

To date, however (and as I have previously mentioned in this Blawg), Brazil has not signed the 1965 Convention on the Settlement of Investment Disputes Between States and Nationals of Other States (Washington Convention), and therefore, Brazil is not a member of the International Center for the Settlement of Investment Disputes –ICSID.

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