
Paraguay
Latin Arbitration Law Country Profile
Arbitration Law
International Conventions
|
|
Signed |
Entered into force |
|
8 Oct. 1997 |
6 Jan. 1998 |
|
|
24 Nov. 1976 |
14 Jan. 1977 [1] |
|
| Montevideo Convention |
8 May 1979 |
5 July 1985 |
|
27 Jul. 1981 |
6 Feb. 1983 |
Investment Protection Treaties
|
Bilateral Investment Treaties [2] [3] |
Signed |
Entered into force |
Dispute Resolution Fora [4] |
|
20 Jul. 1967 |
3 Oct. 1969 |
Not Available |
|
|
Austria (Gr.) |
13 Nov. 1996 |
22 July 1998 |
[in German] |
|
Belgium & Luxembourg (Fr.) |
6 Oct. 1992 |
9 Jan. 2004 |
Local courts |
|
Bolivia |
3 May 2001/4 May 2001 [6] |
4 Sept. 2003 [7] |
ICSID Ad hoc arbitration |
|
Chile (Sp.) |
7 August 1995 |
16 Sept. 1997 |
Local courts ICSID |
|
Costa Rica (Sp.) |
29 January 1998
|
25 May 2001 |
Local courts ICSID ICSID Additional Facility Rules UNCITRAL |
|
Cuba [8] |
20 Nov. 2000 |
6 Dec. 2002 |
Not available |
|
Czech Republic (Eng.) |
21 October 1998 |
24 Mar. 2000 |
Local courts ICSID Ad hoc under UNCITRAL |
|
Ecuador (Sp.) |
28 Jan. 1994 |
18 Sept. 1995 / Denounced in October 2008 |
Local courts ICSID [9] Ad hoc under UNCITRAL |
|
El Salvador [10] |
30 Jan. 1998 |
8 Nov. 1998 |
Not available |
|
France (Fr.) |
30 Nov. 1978 |
1 Dec. 1980 |
ICSID |
|
Germany (Sp.) |
11 Aug. 1993 |
3 July 1998 |
Local courts |
|
Hungary (Eng.) |
11 Aug. 1993 |
1 April 1995/1 Feb. 1995 [11] |
Local courts |
|
Italy |
15 July 1999 |
Not in force |
N/A |
|
Republic of Korea (Eng.) |
22 Dec. 1992 |
6 Aug. 1993 |
Local courts ICSID |
|
Netherlands (Eng.) |
29 Oct. 1992 |
1 Aug. 1994 |
Local courts ICSID |
|
Peru (Sp.) |
31 Jan. 1994 |
12 Dec. 1994 |
Local courts ICSID UNCITRAL |
|
Portugal (Sp.) |
26 Nov. 1999 |
3 Nov. 2001 |
Local courts ICSID UNCITRAL |
|
Romania [12] |
21 May 1994 |
12 Apr. 1995 / 3 April. 1995 [13] |
Not available |
|
South Africa [14] |
03 April 1974 |
16 Aug. 1974 |
Not available |
|
Spain (Sp.) |
11 Oct. 1993 |
22 Nov. 1996 |
Local courts ICSID ICC |
|
Switzerland (Fr.) |
31 Jan. 1992 |
28 Sept 1992 |
Local courts ICSID |
|
Taiwan Province of China |
6 April 1992 |
11 Sept 1992 [15] |
Not available |
|
United Kingdom (Eng.) |
4 Jun. 1981 |
23 Apr. 1992 |
ICSID |
|
United States [16] |
24 Sept. 1992 |
19 May 1993 |
Not available |
|
Uruguay [17] |
25 Mar. 1976 |
1 July 1976 |
Not available |
|
Venezuela (Sp.) |
5 Sept. 1996 |
12 Nov. 1997 |
ICSID |
|
Total |
27 |
26/25 |
|
|
Free Trade Associations (signed as a member of MERCOSUR) [18] |
Signed |
Entered into force |
|
MERCOSUR-Chile (Sp.) |
25 Jun. 1996 |
1 Oct. 1996 |
|
MERCOSUR-Bolivia (Sp.) |
17 Dec. 1996 |
28 Feb. 1997 |
|
MERCOSUR-Israel (Eng.) |
18 Dec. 2007 |
24 March 2010 |
|
Framework Agreements |
||
|
MERCOSUR-SACU (Sp.) |
15 Dec. 2000 |
|
|
MERCOSUR-Mexico (Sp.) |
5 July 2002 |
5 Jan. 2006 |
|
MERCOSUR-Andean Community (Sp.) |
6 Dec. 2002 |
|
|
MERCOSUR-India (Eng.) |
25 Jan. 2004 |
1 June 2009 |
|
MERCOSUR- Colombia, Ecuador and Venezuela (Sp.) |
18 Oct. 2004 |
19 April 2005 |
|
MERCOSUR-Peru (Esp.) |
30 Nov. 2005 |
6 Feb. 2006 |
|
Total |
9 |
9 |
|
Other Multilateral Associations |
Signed |
Entered into force |
|
MERCOSUR |
26 March 1991 |
6 Feb. 2006 |
|
World Trade Organization (Eng.) |
1 Jan. 1995 [19] |
1 Jan. 1995 |
|
Total |
2 |
2 |
Arbitration Cases
|
ICSID Cases |
Decision and Awards |
Date [20] |
| SGS Societe Generale de Surveillance S.A. v. Republic of Paraguay (ICSID Case No. ARB/07/29 | Pending | 27 May 2008 (Date Registered) |
| Bureau Veritas, Inspection, Valuation, Assessment and Control, BIVAC B.V. v. Republic of Paraguay (ICSID Case No. ARB/07/9) | Pending | March 10, 2008 (Date Registered) |
| Eudoro A. Olguin v. Republic of Paraguay (ICSID Case No. ARB/98/5) | Final Award (Eng.) (Sp.) | 26 July 2001 |
|
Total Cases |
3 |
|
Cases Per Year
|
|
AAA/ICDR [21] |
ICC [22] |
ICSID [16] |
|
| Registered | Concluded | |||
|
2000 |
N/A |
0 |
0 |
0 |
|
2001 |
N/A |
0 |
0 |
1 |
|
2002 |
N/A |
0 |
0 |
0 |
|
2003 |
N/A |
0 |
0 |
0 |
|
2004 |
1 |
0 |
0 |
0 |
|
2005 |
N/A |
1 |
0 |
0 |
|
2006 |
N/A |
0 |
0 |
0 |
|
2007 |
N/A |
0 |
2 |
0 |
|
2008 |
N/A |
0 |
0 |
0 |
|
2009 |
N/A |
0 |
0 |
0 |
Arbitral Institutions
Paraguay Arbitration and Mediation Center (Centro de Arbitraje y Mediacion Paraguay)
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] 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." Paraguay deposited its instrument of ratification on December 15, 1976 (information available at http://www.sice.org/dispute/comarb/intl_conv/caicpae.asp, last visited on April 15, 2010).
[2] Abbreviations: English = Eng.; French = Fr.; Spanish = Sp.
[3] Sources: UNCTAD - Country-specific lists of BITs, available at http://www.unctadxi.org/templates/docsearch.aspx?id=779, April 1, 2010; Organizacion de los Estados Americanos, Sistema de Informacion Sobre Comercio Exterior, available at http://www.sice.oas.org/ctyindex/PRY/PRYBITs_s.asp
[4] Local court refers to any competent tribunal or court in the territory of the contracting Party in which the investment is made.
[5] Treaty not listed in UNCTAD Database. Information on signing and ratification dates available on the Paraguayan and Argentinean Ministry of Foreign Affairs' websites: http://www.mre.gov.py/dependencias/tratados/tratados%20bilaterales/cuadro%20bilateral/inversiones.htm; and http://www.mrecic.gov.ar/.
[6] Although signature date May 3, 2001 according to UNCTAD; May 4, 2001 according to Min. For. Affairs.
[7] According to Paraguay's Ministry of Foreign Affairs. Also, Bolivia's Ministry of Foreign Affairs lists a BIT with Paraguay, but that website only provides a signature date and registration date of the Treaty. UNCTAD mentions that is not in force. We will consider the BIT as in force.
[8] Treaty not listed in UNCTAD Database. Information on signing and ratification dates available on the Paraguayan Ministry of Foreign Affairs' website: http://www.mre.gov.py/dependencias/tratados/tratados%20bilaterales/cuadro%20bilateral/inversiones.htm.
[9] On July 6, 2009, Ecuador denunciated the ICSID Convention. In accordance with Article 71 of the Convention, the denunciation took effect six months after the receipt of Ecuador's notice (on January 7, 2010). As of that date, Ecuador is no longer listed as member of the ICSID Convention.
[10] Treaty not listed in UNCTAD Database. Information on signing and ratification dates available on the Paraguayan Ministry of Foreign Affairs' website: http://www.mre.gov.py/dependencias/tratados/tratados%20bilaterales/cuadro%20bilateral/inversiones.htm.
[11] Although April 1, 1995 is the entry into force date mentioned by UNCTAD, Paraguay's Ministry of Foreign Affairs mentions Feb. 2, 1995 as the entry into force date.
[12] Treaty not listed in UNCTAD Database. Information on signing and ratification dates available on the Paraguayan Ministry of Foreign Affairs' website: http://www.mre.gov.py/dependencias/tratados/tratados%20bilaterales/cuadro%20bilateral/inversiones.htm.
[13] Although Apr. 12, 1995 is the entry into force date mentioned by UNCTAD, Paraguay's Ministry of Foreign Affairs mentions Apr, 3, 1995 as the entry into force date.
[14] Treaty not listed in UNCTAD Database. Information on signing and ratification dates available on the Paraguayan Ministry of Foreign Affairs' website: http://www.mre.gov.py/dependencias/tratados/tratados%20bilaterales/cuadro%20bilateral/inversiones.htm.
[15] Although Sep. 11, 1992 is the entry into force date mentioned by UNCTAD, Paraguay's Ministry of Foreign Affairs mentions May 25, 2001 as the entry into force date.
[16] Treaty not listed in UNCTAD Database. Information on signing and ratification dates available on the Paraguayan Ministry of Foreign Affairs' website: http://www.mre.gov.py/dependencias/tratados/tratados%20bilaterales/cuadro%20bilateral/inversiones.htm.
[17] Treaty not listed in UNCTAD Database. Information on signing and ratification dates available on the Paraguayan and Argentinean Ministry of Foreign Affairs' websites: http://www.mre.gov.py/dependencias/tratados/tratados%20bilaterales/cuadro%20bilateral/inversiones.htm; and http://www.mrecic.gov.ar/.
[18] Source: OAS - SICE Foreign Trade Information System, available at http://www.sice.oas.org/ctyindex/PRY/PRYAgreements_s.asp#FTAs last visited: April 23, 2011
[19] Contracting Party to GATT 1947 since 6 January 1994
[20] Date the decision or award was rendered.
[21] Number of cases administered by the International Center for Dispute Resolution of the AAA with a party from [country].
[22] Number of Parties from [country] involved in Arbitration cases under ICC Rules.
