The New York Convention 1958 and Panama Convention 1975: Redundancy or Compatibility?

The traditional hostilty towards arbitration and, in paricular, international
arbitration in Latin America appears to be on the wane. A new trend was
heralded by the Inter-American Convention on International Commercial
Arbitration, which was adopted by the Governments of the Member States of
the Organisation of American States (OAS) in Panama on 30 Januar 1975
(the \'Panama Convention\').\' The Panama Convention came into effect on 16
June 1976 and has been adhered to by some 11 Latin American countries.
Ratification is apparently pending in the United States, where the proposed
implementing legislation would consist ofa new chapter of Title 9 (Arbitration)
of the United States Code [...]