Paraguay Arbitration

Paraguay is a Contracting State to the ICSID Convention:

  • Signature: 27 July 1981
  • Deposit of Ratification: 7 January 1983
  • Entry into Force: 6 February 1983
  • Pursuant to Article 13(1) of the ICSID Convention Paraguay has made the following panel designations effective until 10 September 2002:
    - Mr. James Spalding HELLMER: Viceministro de Integración, Ministerio de Integración
    - Mr. Francisco Ogura KONO: Jefe Departamento de Análisis de la Deuda, Ministerio de Hacienda
    - Mr. Ovidio OTAZU: Alternate Executive Director, Inter-American Development Bank
    - Mr. Luis Fernando VILLALBA: Technical Assistant to the Executive Director World Bank
    - Mr. Rafael Llano ODDONE: Attorney-at-Law
    - Mr. Gregorio POLETTI: Director de Jubilaciones y Pensiones Ministerio de Hacienda
    - Mr. Diego Zavala SERRATI: Attorney-at-Law
    - Mr. Walter Villalba ZALDIVAR: Director de Política de Endeudamiento Ministerio de Hacienda

Paraguay is a Contracting State to the New York Convention:

  • Date of Accession: 8 October 1997
  • Entry into Force: 6 January 1998

In 2002, Paraguay enacted legislation based on the UNCITRAL Model Law on International Commercial Arbitration as adopted in 1985 and is therefore now popularly considered to be an UNCITRAL Model Law State

Paraguay is a Contracting State to both the 1899 & 1907 Convention for the Pacific Settlement of International Disputes:

  • 1899 Entry into Force: 15 June 1907
  • 1907 Entry into Force: 24 June 1933

Paraguay is a United Nations Member State:

  • Date of Admission: 24 October 1945

Official State Name: Republic of Paraguay - Tetã Paraguái - República del Paraguay

Official Languages: Spanish, Guarani

Capital: Asunción

Motto: Paz y justicia "Peace and justice"

Currency: Guaraní (PYG)

Time Zone: (UTC-4)

International Calling Code: +595

Internet TLD: .py

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