Arbitration is an important form of dispute resolution in Chile. It is used most in complex and highly technical areas. The legislation that governs the enforcement of arbitration agreements in Chile is the International Commercial Arbitration Law (ICA Law) which is built entirely around the United Nations Commission on International Trade Law (UNCITRAL) model law.
National courts have consistently respected and enforced arbitration agreements when they comply with the legal requirements given above.
The Santiago Chamber of Commerce (CCS) offers an Arbitration and Mediation service.
This is a complex subject, and legal support should be sought if dispute resolution becomes necessary. A list of legal firms is available in the contacts section of this guide.