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The Madrid Chamber of Commerce and the regional government will propose at the leading forum for investors in Europe and Latin America that Madrid be recognized as an international arbitration venue, as it "meets the ideal conditions," especially when one of the parties belongs to a Latin American country.
The proposal will be made within the framework of the XXXIV Assembly of the Ibero-American Association of Chambers of Commerce (AICO) and the XXXV Conference of the Inter-American Commercial Arbitration Commission (CIAC), which will take place in the capital of Spain on October 8, 9 and 10, the Chamber reported today in a statement.
It is expected that, at the opening ceremony, the outgoing managing director of the International Monetary Fund (IMF), Rodrigo Rato, will speak on "the challenges of economic policy in Latin America and, in particular, how to combine the dual objective of achieving sustained growth and distributing its benefits among the population."
Other personalities whose presence is expected at the inauguration are the president of the Community of Madrid, Esperanza Aguirre, the mayor of the city, Alberto Ruiz-Gallardón, the president of the Chamber, Salvador Santos Campano and his counterpart in the Business Confederation of Madrid (CEIM), Arturo Fernández Álvarez.
Also attending the event, which will take place in the North Auditorium of Ifema, will be the presidents of AICO and CIAC, Raúl Alejandro Padilla Orozco and Rafael Bernal Gutiérrez, respectively, the president of the Superior Council of Chambers Javier Gómez-Navarro, and the president of the Spanish Confederation of Business Organizations (CEOE), Gerardo Díaz Ferrán.
On the second day, the forum will move its debate to the Ritz Hotel, where the impact of investment and immigration in Europe and Latin America will be discussed, in an event in which the Minister of Economy and Consumer Affairs, Fernando Merry del Val, will speak.
On the third and final day of the event, there will be two round tables to discuss the same topic, one of which will include the Minister of Immigration and Cooperation, Javier Fernández-Lasquetty, and the President of the Mexican Council of Foreign Trade, Valentín Díez Morodo.
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