Amendment, Arbitration Act, Caribbean, International arbitration, International Commercial Arbitration
The Modernization of Guyana’s Arbitration Regulatory Framework: A Bid to Become an Arbitration Hub
On May 17, 2024, Guyana passed the Arbitration Act 2024 (Act No. 6 of 2024) (“AA”). The AA repealed the outdated Arbitration Act, Cap 7:03, Laws of Guyana (Act No. 17 of 1916), passed more than a century ago, and makes Guyana the latest Commonwealth Caribbean country, after Trinidad and Tobago, which passed new legislation…