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Department of International Law > OAS

Secured Transactions - October 2013

Department Participates in Colloquium on Economic Development and Harmonization of Commercial Law in the Pacific Rim

The Department of International Law recently participated in the “Pacific Rim Colloquium: Economic Development and Harmonization of Commercial Law” in Santiago, October 17-19, 2013, that was co-sponsored by the Law School at Universidad Mayor in Chile and the National Law Center for Inter-American Free Trade. The regional colloquium was held to promote and broaden harmonization of commercial law and to identify key priorities for legal reform in order to facilitate economic integration throughout the Pacific Region.

The colloquium provided an opportunity for the Department to showcase the OAS Model Law on Secured Transactions and its Model Registry Regulations and to discuss the OAS Secured Financing Project with represented Member States interested in secured transactions reform.

The Department was represented by Mr. Eugenio Briales, Co-Manager of the Secured Financing Project and secured transactions expert with the OAS. Mr. Briales participated in the working groups on secured transactions and electronic warehouse receipts. Other topics covered in the colloquium included the legal framework governing simplified stock corporations, insolvency and bankruptcy.

Modernization and strengthening of legal frameworks and institutions for commerce and economic development in the Pacific Rim requires multilateral analysis of interconnections and impact of reforms, clear long-term objectives and dialogue between Latin American and East Asian countries. In this context, the Department’s participation at such events is an invaluable way to foster collaboration and to discuss shared challenges related to our work in international commercial law.

The OAS Secured Financing Project is made possible through funding by the Government of Canada.

To see OAS Booklet — Secured Transactions Reform in the Americas, click here »

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