Office of the Assistant Legal Adviser for Private International Law; Inter-American Convention on International Commercial Arbitration Rules of Procedure

Resumo

The Department of State proposes to make effective under United States law the revised rules of procedure of the Inter-American Commercial Arbitration Commission (``IACAC''). The amended rules of procedure enhance the role of IACAC in the initiation and conduct of arbitration of international contractual disputes to which the International Convention on Commercial Arbitration (``Convention'') applies. The amended rules address such issues as notice procedures, the appointment of arbitrators, the role of each National Section of IACAC, and an increased fee schedule. Adoption of these rules will ensure their uniformity of application among states party to the Convention.