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Public
FTAA.ngds/com/12
August 29, 2001

Original: English - Spanish

FTAA - NEGOTIATING GROUP ON DISPUTE SETTLEMENT

Twelfth Meeting

Panama, July 30 – August 1, 2001

PRESS COMMUNIQUE

  1. 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.

  2. The agenda for the meeting that was adopted is attached as annex.

  3. 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.

  4. The date of the next meeting of the NGDS will be decided by the Trade Negotiations Committee at its September meeting in Managua.


FTAA - NEGOTIATING GROUP ON DISPUTE SETTLEMENT

Twelfth Meeting

Panama, July 30 - August 1, 2001

AGENDA

  1. Approval of the agenda.

  2. Presentation of proposals.

  3. 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
    Article17. Procedure
    Article18. Report
    Article19. Termination

  4. Interaction with other FTAA entities.

  5. 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.

  6. Other business.

 
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