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Max Planck Encyclopedia of International Procedural Law [MPEiPro]

MERCOSUR Dispute Settlement System

Paula Wojcikiewicz Almeida

From: Oxford Public International Law (http://opil.ouplaw.com). (c) Oxford University Press, 2021. All Rights Reserved.date: 28 November 2021

Subject(s):
Arbitrators — Advisory opinions — Compensation — International courts and tribunals, procedure — Regional trade — Regional co-operation

Published under the direction of Hélène Ruiz Fabri, with the support of the Department of International Law and Dispute Resolution, under the auspices of the Max Planck Institute Luxembourg for Procedural Law.

1 The Common Market of the South (‘Mercosur’) was established by the Treaty of Asunción on the Institutional Structure of MERCOSUR, 1991 (‘Treaty of Asunción’). Instead of creating a regional court for Mercosur, Annex III of the Treaty of Asunción’ established a non-coercive and diplomatic dispute settlement system. Disputes were to be solved, in the first place, by direct negotiations between interested States. If negotiations did not result in an agreement, the next step would be a consensus-based recommendation of the Common Market Group (‘CMG’), the Mercosur...
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