Talking trade and alternative dispute resolution in Brazil
On 28 April, the SCC co-organized a conference in São Paolo focusing on the trade relationship between Sweden and Brazil and on arbitration and mediation as advantageous tools in international trade disputes.
The commercial relationship between Brazil and Sweden has grown significantly in the past years and there are currently around two hundred Swedish companies established in Brazil. Today Brazil is Sweden’s most important trading partner in Latin America and São Paolo is known as Sweden’s largest industrial city after Gothenburg.
The Swedish ambassador to Brazil, Per-Arne Hjelmborn, participated in the conference and spoke about the importance of facilitating and promoting free trade, explaining that “free trade is in the DNA of the Swedish business community”. He also emphasised the role of legal stability and predictability in order to promote the growth of business.
SCC Chairperson Ulf Franke and SCC Legal Counsel Nina Berggren discussed the advantages of alternative dispute resolution mechanisms mentioning the speed, privacy, expertise, flexibility and enforceability of arbitration and mediation. They also spoke about the work done by the SCC and Sweden’s long history of arbitration.
Kristoffer Stråth (Törngren Magnell) and Stefan Bessman (Baker & McKenzie) also joined the conference from Sweden and gave a lawyer's perspective on how to handle disputes for multinational companies.
The conference also featured a panel where corporate counsel from companies like Volkswagen, Skanska, Ericsson and Sandvik shared their experience on how to choose suitable mechanisms for resolving disputes.
The conference was jointly organized by the Arbitration Institute of the Stockholm Chamber of Commerce (SCC), AmCham Brazil Arbitration and Mediation Center and the Swedish-Brazilian Chamber of Commerce.
Read more about the conference:
Article in TDM by the Deputy Secretary General of AmCham Brazil, Carolina da Rocha Morandi.
Article in Global Arbitration News by Stefan Bessman (Baker & McKenzie) and Luis Peretti (Trench Rossi e Watanabe Advogados).