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The Next Switzerland? Countries Can Arbitrate in Costa Rica Under New “Legal Tourism” Class

Article Summary:

Costa Rica will host its first International Congress of Commercial Arbitration, an opportunity to position the country into a new market known as legal tourism. Under the Congress, disputing nations can bring a delegation force of up to 26 individuals to the country to solve their conflict.

Original Article Text From El Financiero via Google Translate :

Arbitration Congress Will first Look at “Legal tourism”

Costa Rica will host first International Congress of Commercial Arbitration, “an opportunity to position the country to a new market, legal tourism .

” This was said Jose Rafael Fernandez, president of the International Chamber of Commerce in Costa Rica, who says that this first Congress set the tone for what will live in the country after the adoption in 2011 of the International Arbitration Act.

The activity will take place on 13 and 14 February at the Hotel Real Intercontinental and will visit nearly 80 experts from America and Europe.”

A company that chooses Costa Rica as a neutral venue for the resolution of their conflict could come to the country with at least 26 people, including lawyers and witnesses for example, which require an immediate hotel services, transportation, among others, ” Fernandez said.

However, that this activity will serve to promote the country to the world, and show that it has just benefits (from excellent geographic location to professionals with high quality standards) for its choice as the venue for conflict resolution.

“The activity will enable the experts, most of whom are international business consultants who decide where future conflict will be resolved, see Costa Rica as a country of first order to carry out such processes,” said president .As part of the meeting will also be given talks and discussed issues relating to international arbitration. The space is open to the public and those interested in participating can call Tel: 2221-0005 ext 137 and 138.

Link to Original Article:

From El Financiero

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