英文摘要 |
After 19 years, the 1996 Arbitration Law of Brazil has been revised for the first time, and the 2015 Arbitration Law was promulgated and entered into force in July 2015. The amendments include allowing public administration to submit disputes to arbitration, improvement of appointment of arbitrators, enhancing the power of arbitral tribunals and arbitrators, supporting them to issue 'arbitral letter' to the courts and other interim measures, and improving cooperation between arbitration and judiciary. Brazil has successively created an arbitration-friendly jurisdiction with full respect for the autonomy of the parties, introduced the updates of the UN model law, and strengthened the ability to provide the parties with efficient services for international commercial arbitration. Since more Chinese enterprises take interest in overseas investments, giving rise to more commercial disputes, the Brazilian path of arbitration system's development may provide inspiration for China and other emerging market economies. |