Guatemala
Latin Arbitration Law Country Profile
Arbitration Law
- Law No. 67-95 [1] - General Arbitration Law - 1995
International Conventions
|
|
Signed |
Entered into force |
|
N/A |
19 Jun. 1984 |
|
|
30 Jan. 1975 |
19 Sept. 1986 [2] |
|
|
8 May 1979 |
Not in force |
|
|
9 Nov. 1995 |
20 Feb. 2003 |
Investment Protection Treaties
|
Bilateral Investment Treaties [3] [4] |
Signed |
Entered into force UNCTAD // DACE |
Dispute Resolution Fora |
|
Argentina (Sp.) |
21 Apr. 1998 |
7 Dec. 2002 |
Local courts ICSID |
|
Austria |
16 Jan. 2006 |
Not in force |
|
|
Belgium and Luxembourg |
14 Apr. 2005 |
Not in force |
UNCITRAL ICSID ICSID Additional Facility Rules ICC Stockholm Chamber of Commerce |
|
Chile (Sp.) |
8 Nov. 1996 |
10 Dec. 2001 [5] // 13 Oct. 2001 [6] |
Local courts ICSID |
| Colombia |
5 June 2006 |
Not in force |
|
| Cuba |
20 Aug. 1999 |
10 Aug. 2002 |
|
|
Czech Republic (Eng.) |
8 Jul. 2003 |
29 Apr. 2005 |
Local courts ICSID ICSID Additional Facility Rules UNCITRAL |
|
Ecuador (Sp.) |
14 Aug. 2002 |
25 May 2005/Denounced by Ecuador on October 2008. |
Local courts ICSID ICSID Additional Facility Rules UNCITRAL Ad hoc arbitration |
|
Finland (Eng.) |
14 Apr. 2005 |
Not in force |
Local courts ICSID ICSID Additional Facility Rules UNCITRAL Ad hoc arbitration |
|
France (Fr.) |
27 May 1998 |
28 Oct. 2001 |
Local courts ICSID |
|
Germany (Sp.) |
17 Oct. 2003 |
19 Jan. 2005 [7] |
Ad hoc arbitration ICSID |
|
Israel |
7 Nov. 2006 |
Not in force |
|
|
Italy |
8 Sept. 2003 |
Not in force [8] |
Local courts UNCITRAL ICSID |
|
Republic of Korea (Eng.) |
1 Aug. 2000 |
17 Aug. 2002 |
ICSID |
|
Netherlands (Eng.) |
18 May 2001 |
1 Sept. 2002 |
ICSID ICSID Additional Facility Rules UNCITRAL |
|
Spain (Sp.) |
9 Dec. 2002 |
17 Jun. 2004// May 21, 2004 [9] |
Local courts UNCITRAL ICSID ICSID Additional Facility Rules |
|
Sweden (Sp.) |
12 Feb. 2004 |
1 Jul. 2005 |
ICSID ICSID Additional Facility Rules UNCITRAL |
|
Switzerland (Sp.) |
9 Sept. 2002 |
3 May 2005 |
Local courts ICSID UNCITRAL Ad hoc arbitration |
|
Taiwan Province of China (Sp.) |
2 Nov. 1999 |
1 Dec. 2001 |
ICC |
|
Total |
19 |
12/13 [10] |
|
|
Free Trade Associations [11] |
Signed |
Entered into force |
|
DR-CAFTA (Dominican Republic and Central American Free Trade Agreement with the US) (Eng.) |
5 Aug. 2004 |
1 Jul. 2006 |
|
Central America - Dominican Republic (Sp.) |
16 Apr. 1998 |
03 Oct. 2001 |
|
Colombia -El Salvador, Guatemala, Honduras, (Northern Triangle) |
9 Aug. 2007 |
Not in force |
|
Central America - Chile |
18 Oct. 1999 |
Not in force |
|
Mexico - Northern Triangle (Guatemala, El Salvador, Honduras) (Sp.) |
29 June 2000 |
15 Mar. 2001 |
|
Taiwan (Sp.) |
22 Sept. 2005 |
1 Jul. 2006** |
|
Total |
6 |
4 |
Cases/Parties Per Year
|
|
AAA/ICDR [12] |
ICC [13] |
ICSID [14] |
|
| Registered | Concluded | |||
|
2000 |
N/A [15] |
-- |
-- |
-- |
|
2001 |
N/A |
2 |
-- |
-- |
|
2002 |
N/A |
2 |
-- |
-- |
|
2003 |
N/A |
2 |
-- |
-- |
|
2004 |
2 |
-- |
-- |
-- |
|
2005 |
1 |
4 |
-- |
-- |
|
2006 |
N/A |
N/A |
-- |
-- |
Arbitral Institutions
Centro de Arbitraje y Conciliación Cámara de Comercio de Guatemala
Comisión de Resolución de Conflictos de la Cámara de Industria de Guatemala (CRECIG)
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] Available only in Spanish.
[2] According to Article 10 of the Panama Convention, "[f]or each State ratifying ... the Convention after the [Convention's entry into force,] the Convention shall enter into force on the thirtieth day after deposit by such State of its instrument of ratification." Guatemala deposited its instrument of ratification on August 20, 1986 (Information available at http://www.sice.org/dispute/comarb/intl_conv/caicpae.asp, last visited on June 3, 2008).
[3] Language abbreviations: Spanish = Sp.; English = Eng.; and French = Fr.
[4] Source: UNCTAD and Dirección de Administración de Comercio Exterior ("DACE"), available at http://dace.mineco.gob.gt/mineco/tlc/index.htm, follow Tratados/aranceles, Acuerdos de Inversión.
[5] UNCTAD.
[6] DACE.
[7] UNCTAD.
[8] BIT does not appear in the official lists of either country; however, UNCTAD lists it as in force as of 23 Feb. 2005. Italy official page: http://www.mincomes.it/protinv/proinv.htm.
[9] DACE.
[10] On October 2008 Ecuador denounced its BIT with Guatemala. However, the BIT is subject to certain termination and survival provisions.
[11] Source: OAS, Sistema de Información sobre Comercio Exterior ("SICE") and Dirección de Administración de Comercio Exterior ("DACE"), available at http://dace.mineco.gob.gt/mineco/tlc/index.htm.
**Date of entry into force could not be confirmed with official source.
[12] No. of cases administered by the International Center for Dispute Resolution of the AAA with a party from Guatemala.
[13] No. of Parties from Guatemala involved in Arbitration cases under ICC Rules.
[14] No. of cases registered by the ICSID Secretariat with Guatemala as Respondent State.
[15] N/A = No information available.
[16] The members of the ICC International Court of Arbitration are appointed for three-year terms.
