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International Arbitration Yearbook

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A. LEGISLATION AND RULES A.1 Legislation Arbitration procedures in Vietnam continue to be governed mainly by Civil Procedure Code No. 92/2015/QH13 (CPC), Law on Commercial Arbitration No. 54/2010/QH12 (LCA) and Resolution No. 01/2014/NQ-HDTP issued by the Supreme Court of Vietnam, which provides further guidance on the implementation of certain provisions of the LCA. The LCA is generally based on the UNCITRAL Model Law. However, there are some provisions that differ from the model law. These…

A. LEGISLATION AND RULES A.1 Legislation International arbitration proceedings in Taiwan continue to be governed by the Arbitration Law, to which there have been no legislative amendments in the past year. In 2023, Taiwan’s Ministry of Justice, Executive Yuan, proposed to amend the Arbitration Law in its annual plan; however, no amendment draft has been introduced to date. The subsequent developments require further observation. A.2 Institutions, rules and infrastructure The Chinese Arbitration Association, Taipei (CAA)…

A. LEGISLATION AND RULES A.1 Legislation International arbitration in Colombia continues to be governed by section 3 of Law 1563 of 2012 (“Law 1563”). This section is based on UNCITRAL Model Law with certain amendments (“International Arbitration Statute”). Congress is still debating Bill No. 009/21, authored by the Ministry of Justice and Law, which proposes to introduce a few amendments to the International Arbitration Statute.[1] The two proposed amendments in this bill have already been…

A. LEGISLATION AND RULES A.1 Legislation International arbitration in Venezuela continues to be governed by the Commercial Arbitration Law, published in the Official Gazette of the Bolivarian Republic of Venezuela No. 36.430 on 7 April 1998, to which no legislative amendment has been made since. In addition, Venezuela is a contracting state to a number of arbitration treaties such as the 1911 Caracas Convention, the 1958 New York Arbitration Convention, the 1975 Panama Arbitration Convention,…