Though international institutions such as the International Chamber of Commerce (ICC) and the International Centre for Dispute Resolution (ICDR) continue to register numerous international arbitration disputes in Latin America, local institutions have seen their numbers increase, as they have developed their capabilities to host international disputes and have become credible alternatives to the traditional international arbitration institutions. Just in the past five years, five different regional institutions have opened their doors in the Caribbean.

Today, centres in the region are administering significant international cases and have rosters that include leading international arbitrators from outside the region. This chapter analyses some of the historical developments of arbitration in the region and identifies the circumstances that parties and their counsel should consider when selecting the arbitral centre that will oversee the resolution of their dispute.

To read the full article, please visit Global Arbitration Review.