Costa Rica
Latin Arbitration Law Country Profile
Arbitration Law
- Article 43 of the Constitution (Sp.)
- Law No 7727 - Ley sobre Resolución Alterna de Conflictos y Promoción de la Paz Social - December 9, 1997 (Sp.)
- Decreto No 27166-J - Reglamento al Capitulo IV de la Ley de Resolución Alterna de Conflictos y Promoción de la Paz Social (Sp.) - October 27, 2004.
International Conventions
|
|
Signed |
Entered into force |
|
Jun. 10, 1958 |
Jan. 24, 1988 |
|
|
Jan. 30, 1975 |
Jan. 20, 1978 |
|
|
May 8, 1979 |
Not in force |
|
|
Sept. 29, 1981 |
May 27, 1993 |
Investment Protection Treaties
|
Bilateral Investment Treaties [1] |
Signed |
Entered into force
|
Dispute Resolution Fora |
|
Argentina (Sp.) |
May 21, 1997 |
May 1, 2001/Mar. 7, 2001 (SICE) |
Local courts ICSID ICSID Additional Facility Rules UNCITRAL |
|
Belgium and Luxembourg (Sp.) |
Apr 26, 2002 |
Not in force |
Local courts ICSID ICSID Additional Facility Rules UNCITRAL |
|
Bolivia (N/A) |
Oct 7, 2002 |
Not in force |
|
|
Mar 18, 1998 |
Sep 29, 1999 |
ICSID ICSID Additional Facility Rules UNCITRAL |
|
|
Chile (Sp.) |
Jul 11, 1996 |
Jul 8, 2000/June 23, 2000 [2] |
Local courts ICSID |
|
China (Sp.) |
Mar. 25, 1999 |
8 Oct. 2004 [3] |
ICSID ICSID Additional Facility Rules UNCITRAL |
|
Czech Republic (Eng.) |
Oct. 28, 1998 |
Apr. 17 2001 |
Local courts ICSID ICSID Additional Facility Rules UNCITRAL |
|
Ecuador (Sp.) |
Dec. 6, 2001 |
Not in force |
Local courts ICSID ICSID Additional Facility Rules UNCITRAL |
|
El Salvador (N/A) |
Nov. 21, 2001 |
Not in force |
|
|
Finland (Sp.) |
Nov. 28, 2001 |
Not in force |
Local courts ICSID ICSID Additional Facility Rules UNCITRAL |
|
France (Sp.) |
Mar. 8, 1984 |
June 18, 1999 |
ICSID |
|
Sept. 13, 1994 |
Mar. 24, 1998/Nov. 24, 1998 |
Ad hoc arbitration ICSID |
|
|
Aug. 11, 2000 |
Aug. 26, 2002 |
ICSID | |
|
May 21, 1999 |
Jun. 1, 2001 |
ICSID ICSID Additional Facility Rules UNCITRAL |
|
|
Paraguay (Sp.) |
Jan. 29, 1998 |
May 25, 2001 |
Local courts ICSID ICSID Additional Facility Rules UNCITRAL |
| Spain (Sp.) | Jul. 8, 1997 | Jul. 17, 1999 | Local courts ICSID ICSID Additional Facility Rules UNCITRAL |
| Switzerland (Sp., Fr.) | Aug. 1, 2000 | Nov. 19, 2002 |
ICSID UNCITRAL Ad hoc arbitration |
|
Taiwan, R.O.C. (N/A) |
Mar. 25, 1999 |
Oct. 8, 2004 |
|
|
UK and Northern Ireland (Sp.) |
Sept. 7, 1982 |
Not in force |
ICSID |
| Venezuela (Sp.) | Mar. 17, 1997 | May 2, 2001 | Local courts ICSID ICSID Additional Facility Rules UNCITRAL |
| Total |
21 |
14 |
|
Free Trade Associations [4] |
Signed |
Entered into force |
|
Canada |
Apr 23, 2001 |
Nov. 1, 2002 |
|
CARICOM |
Mar. 9, 2004 |
Nov 15, 2005 |
|
Central America -Dominican Republic |
Apr. 16, 1998 |
Mar 7, 2002 |
|
Chile |
Oct. 18, 1999 |
Feb 14, 2002 |
|
DR-CAFTA (Dominican Republic and Central American Free Trade Agreement with the US) |
May 28, 2004 |
Ratified by Referendum on Oct. 8, 2007, Jan. 1, 2009 |
|
Mexico |
April 5, 1994 |
Jan 1, 1995 |
|
Panama |
Oct. 24 2008 |
Nov. 2009 |
|
Total |
7 |
7 |
|
Other Multilateral Associations |
Signed |
Entered into force |
|
Mercado Común Centroamericano (MCCA) |
Dec. 13, 1960 |
Needs confirmation |
Certain Arbitration Cases
|
ICSID Cases [5] |
Decisions, Awards and Date [6] |
|
Compañía del Desarrollo de Santa Elena, S.A. v. Costa Rica (Case No. ARB/96/1) |
|
| Alasdair Ross Anderson and others v. Republic of Costa Rica (Case No. ARB(AF)/07/3) |
|
|
Marion Unglaube v. Republic of Costa Rica (ICSID Case No. ARB/08/1) |
|
| Total Cases | 3 |
Cases/Parties Per Year
|
|
AAA/ICDR [7] |
ICC [8] |
ICSID [9] Registered/Concluded |
|
2000 |
N/A |
0 |
0/1 |
|
2001 |
N/A |
1 |
0/0 |
|
2002 |
N/A |
1 |
0/0 |
|
2003 |
N/A |
0 |
0/0 |
|
2004 |
0 |
1 |
0/0 |
|
2005 |
0 |
1 |
0/0 |
|
2006 |
0 |
N/A |
0/0 |
|
2007 |
|
|
1/0 |
Arbitral Institutions
- Centro de Conciliación y Arbitraje de la Cámara de Comercio de Costa Rica
Website: www.camara-comercio.com/ - International Center for Conciliation and Arbitration (American Chamber of Commerce)
Website: http://www.cica.co.cr/ - Colegio Federado de Ingenieros y Arquitectos
Website: www.cfia.or.cr/ - Centro de Arbitraje Agrario, Ambiental y Agroindustrial de la Cámara Nacional de Agricultura y Agroindustria
Website: http://www.cnaacr.com/arbitraje.asp
DISCLAIMER: USERS OF THIS SITE ARE RESPONSIBLE FOR VERIFYING THE INFORMATION CONTAINED IN EACH COUNTRY BRIEF, THESE MATERIALS MAY NOT REFLECT THE MOST CURRENT LEGAL DEVELOPMENTS OR DECISIONS.
[1] Source: UNCTAD and the Commerce Department of Costa Rica ("Comex," Ministerio de Comercio Exterior), available at http://www.comex.go.cr/acuerdos/inversion/default.htm.
[2] Date provided by UNCTAD matched information provided by Official Sources from Chile (July 8, 2000), but differs from the information provided by the Commerce Department of Costa Rica ("Comex", Ministerio de Comercio Exterior), available at http://www.comex.go.cr/acuerdos/inversion/default.htm.
[3] It is not mentioned in UNCTAD. However, it is mentioned in the Costa Rica's Ministry of Foreign Affairs, available at http://www.comex.go.cr/acuerdos/inversion/default.htm.
[4] Source: OAS, Sistema de Información sobre Comercio Exterior ("SICE"), available at http://www.sice.oas.org/ctyindex/CRI/CRIagreements_s.asp, and Commerce Department of Costa Rica ("Comex", Ministerio de Comercio Exterior), available at http://www.comex.go.cr/.
[5] Cases are presented in chronological order taking into consideration the registration number (Int'l arbitration cases) or the day of issuance (Court decisions).
[6] Date the decision or award was rendered.
[7] No.of cases administered by the International Center for Dispute Resolution of the AAA with a party from Costa Rica.
[8] No.of Parties from Costa Rica involved in Arbitration cases under ICC Rules.
[9] No. of cases registered by the ICSID Secretariat with Costa Rica as Respondent State.
