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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