Peru Arbitration

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 Peru Arbitration

Peru is a Contracting State to the ICSID Convention:

  • Signature: 4 September 1991
  • Deposit of Ratification: 9 August 1993
  • Entry into Force: 8 September 1993
  • On 11 October 1996, pursuant to Article 25(3) of the ICSID Convention, Peru designated 1 consituent subdivision/agency as compentant to be a party to an ICSID arbitration:
    1) Perupetro S.A. *On making the designation, Peru also notified ICSID, that Peruvian approval would not be required for consents by Perupetro S.A. to submit disputes to ICSID.
  • Pursuant to Article 13(1) of the ICSID Convention Peru has made the following panel designations effective until 22 March 2017:
    - Dr. Alfonso DE LOS HEROS PÉREZ ALBELA: Professor of Law, University of Lima; Former Minister of Labor and Social Security
    - Mr. Eduardo Ferrero Costa: Attorney-at-Law
    - Ms. Delia Revoredo Marsano de Mur: Attorney-at-Law
    - Dr. Shoschana ZUSMAN TINMAN: Member, Consultative Judiciary Commission, Ministry of Justice

Peru is a Contracting State to the New York Convention:

  • Date of Accession: 7 July 1988
  • Entry into Force: 5 October 1988

In 2008, Peru enacted legislation based on the UNCITRAL Model Law on International Commercial Arbitration as amended in 2006 and is therefore popularly considered to be an UNCITRAL Model Law State

Peru is a Contracting State to the 1899 Convention for the Pacific Settlement of International Disputes:

  • Entry into Force: 15 June 1907

Peru is a not Contracting State to the 1907 Convention for the Pacific Settlement of International Disputes:

  • Entry into Force: N/A

Peru is a United Nations Member State:

  • Date of Admission: 31 October 1945

Official State Name: Republic of Peru - República del Perú

Official Language: Spanish

Capital: Lima

Currency: Nuevo Sol (PEN)

Time Zone: PET (UTC-5)

International Calling Code: +51

Internet TLD: .pe


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