[NYTr] Cuban Sets up International Trade Court
 
Date: Sat, 15 Sep 2007 17:38:07 -0500 (CDT)

Via NY Transfer News Collective  *  All the News that Doesn't Fit
 
Prensa Latina, Havana
http://www.plenglish.com

Cuban Sets up International Trade Court

Havana, Sep 15 (Prensa Latina) Justice and fairness are key rules for
Cuba's International Trade Arbitration Court that will operate over the
next 24 months with 21 judges and seven mediators.

The CCAC, a branch of Cuba's Chamber of Commerce, replaces the Foreign
Trade Arbitration Court that, for over 40 years, determined the
relations between Cuban companies and their world counterparts.

Judge Ydael Leon said one of the distinctive features of this court,
consisting of lawyers, economists and trade and exchange experts, is to
use mediation to settle controversies.

The specialists must have equanimity, serenity and a diligent ability
to explain clearly the pros and cons of the argument in order to reach
a balanced solution.

CCAC includes a president, attorney Rodolfo Davalos, and two vice
presidents, Armando Castanedo and Narciso Cobo Roura.

Chamber of Commerce Chairman Raul Becerra said the predecessor court
settled 478 suits since 1990, based on its renowned ethics and fairness.

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PL-1
 
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