International Commercial Arbitration at Jamaica
International Commercial Arbitration in Jamaica
Jamaica is increasingly positioning itself as a favorable jurisdiction for international commercial arbitration, particularly in the Caribbean region. Here’s an overview of its framework, institutions, and advantages:
⚖️ Legal Framework
Arbitration Act, 2017
Jamaica modernized its arbitration laws with the Arbitration Act of 2017, which is based on the UNCITRAL Model Law. This brings Jamaica in line with international best practices.
New York Convention
Jamaica is a signatory to the 1958 New York Convention on the Recognition and Enforcement of Foreign Arbitral Awards, which facilitates the enforcement of foreign arbitral awards in Jamaica and vice versa.
🏛️ Key Institutions
Dispute Resolution Foundation (DRF)
Based in Kingston, the DRF is a leading body for arbitration and mediation services in Jamaica.
Offers training, panel arbitrators, and case administration services.
Jamaica International Arbitration Centre (JIAC) (proposed)
There have been ongoing discussions about establishing a regional arbitration center to enhance Jamaica’s attractiveness as a hub for international dispute resolution.
🌍 Why Choose Jamaica for International Arbitration?
Modern legal framework aligned with UNCITRAL standards.
English language proceedings.
Geographic convenience for parties from North America, Latin America, and the Caribbean.
Growing legal and professional infrastructure with trained arbitrators and legal experts.
Judicial support for arbitration, including pro-enforcement courts.
📝 Typical Sectors Involved
Construction and infrastructure
Maritime and shipping
Banking and finance
Energy and mining
Tourism and hospitality
✅ Practical Considerations
Arbitral awards are enforceable under Jamaican law and international treaties.
Parties can choose their arbitrators, applicable law, and rules (e.g., ICC, UNCITRAL, LCIA).
Jamaica offers a neutral venue for resolving cross-border disputes.
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