August 29, 2001
Original: English - Spanish
FTAA - NEGOTIATING GROUP ON
Panama, July 30 – August 1, 2001
- The Twelfth Meeting of the Negotiating Group on Dispute Settlement was held in Panama on July 30 – August 1, 2001.
Representatives of 20 countries of the Hemisphere were in attendance: Argentina, Bahamas, Bolivia, Brazil, Canada, Chile,
Colombia, Costa Rica, Dominican Republic, Ecuador, El Salvador, Guatemala, Honduras, Mexico, Panama, Paraguay, Peru,
United States, Uruguay and Venezuela.
- The agenda for the meeting that was adopted is attached as
- All the items on the agenda were considered during the meeting. The NGDS advanced in its work of eliminating brackets
and consolidating text in the draft chapter on dispute settlement to the maximum extent possible. The Group agreed to post
on the FTAA website additional information about international commercial arbitration regimes in the FTAA countries.
- The date of the next meeting of the NGDS will be decided by the Trade Negotiations Committee at its September meeting
FTAA - NEGOTIATING GROUP ON DISPUTE SETTLEMENT
Panama, July 30 - August 1, 2001
- Approval of the agenda.
- Presentation of proposals.
- Elimination of brackets in the draft chapter on dispute settlement, inasmuch as possible.
Article 1. Definitions
Article 2. Scope of Application
Article 3. Principles
Article 4. General Provisions
Article 5. Choice of Forum
Article 6. Request for Consultations
Article 7. Consultations
Article 8. Cases Involving Perishable [Agricultural] Goods
[and Other Cases of Urgency]
Article 9. Intervention of the Commission -- Good Offices,
Conciliation and Mediation
Article10. Consolidation of Procedures
Article11. Good Offices, Conciliation and Mediation
Article12. Initiation of Conciliation Proceedings
Article13. Establishment of a List of Conciliators
Article14. Constitution of Conciliation Commission
Article15. Amicable Settlement
Article16. Functions of Conciliation Commission
- Interaction with other FTAA entities.
- Discussion on how to design mechanisms to facilitate and encourage the use of arbitration and other alternative
dispute settlement procedures to resolve private disputes. Questionnaire on arbitration.
- Other business.