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The Chamber of Commerce and Industry of El Salvador (Camarasal), through its Center for Mediation and Arbitration (CMA), and the Salvadoran Chapter of the Spanish and Ibero‑American Arbitration Club (CEIA) inaugurated “Arbitration Week,” an international legal‑business event. The ceremony was attended by Vice‑President Félix Ulloa, Secretary of Commerce and Investments Miguel Kattán, Camarasal President Leticia Escobar, and CMA President Álex López. Escobar highlighted the country’s security improvements and new investment prospects, stating that “the efforts the Government of El Salvador is making to create better conditions for investment and economic growth are opening opportunities for more companies to grow and develop.” She added that the business sector is ready to contribute its capabilities, experience, and commitment to translate these opportunities into increased investment, employment, and welfare for Salvadorans. In his opening remarks, Vice‑President Ulloa described the administration of President Nayib Bukele as a “government of laws,” noting that “El Salvador is experiencing, for the first time, a State of Law. No activity, decision, or measure taken by the government is made without a legal basis—law or regulation.” He called for the renewal and creation of new rules regarding mediation and arbitration, emphasizing the government’s willingness to establish conditions that ensure legal certainty and protect investors. Ulloa cited the existing Mediation and Arbitration Law of 2002 as outdated and urged updates that would incorporate artificial intelligence and tokenization technologies. CMA President López stressed that institutional arbitration does not replace state justice but complements it, forming part of a robust legal system that supports dispute resolution and enhances investment conditions. Secretary Kattán underscored the government’s commitment to enabling efficient and effective investment processes, ultimately aiming to improve the population’s quality of life. He argued that a solid, independent arbitration center would strengthen relationships among businesses, the government, and each other, contributing to the country’s development goals. Article source: Diario El Salvador | Image credit: Diario El Salvador
The Chamber of Commerce and Industry of El Salvador (Camarasal), through its Center for Mediation and Arbitration (CMA), and the Salvadoran Chapter of the Spanish and Ibero‑American Arbitration Club (CEIA) inaugurated “Arbitration Week,” an international legal‑business event. The ceremony was attended by Vice‑President Félix Ulloa, Secretary of Commerce and Investments Miguel Kattán, Camarasal President Leticia Escobar, and CMA President Álex López. Escobar highlighted the country’s security improvements and new investment prospects, stating that “the efforts the Government of El Salvador is making to create better conditions for investment and economic growth are opening opportunities for more companies to grow and develop.” She added that the business sector is ready to contribute its capabilities, experience, and commitment to translate these opportunities into increased investment, employment, and welfare for Salvadorans. In his opening remarks, Vice‑President Ulloa described the administration of President Nayib Bukele as a “government of laws,” noting that “El Salvador is experiencing, for the first time, a State of Law. No activity, decision, or measure taken by the government is made without a legal basis—law or regulation.” He called for the renewal and creation of new rules regarding mediation and arbitration, emphasizing the government’s willingness to establish conditions that ensure legal certainty and protect investors. Ulloa cited the existing Mediation and Arbitration Law of 2002 as outdated and urged updates that would incorporate artificial intelligence and tokenization technologies. CMA President López stressed that institutional arbitration does not replace state justice but complements it, forming part of a robust legal system that supports dispute resolution and enhances investment conditions. Secretary Kattán underscored the government’s commitment to enabling efficient and effective investment processes, ultimately aiming to improve the population’s quality of life. He argued that a solid, independent arbitration center would strengthen relationships among businesses, the government, and each other, contributing to the country’s development goals.
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