Wednesday, Sep. 03rd 08.32 Am
Those attending the Latin American and Caribbean Congress of International Commercial Arbitration,
Convinced that regional integration processes are a way to advance towards a universal process of globalization, well balanced and respectful of the interests of all States belonging to the international community.
The OHADAC project, acronym for the ORGANIZATION FOR THE HARMONIZATION OF BUSINESS LAWS IN THE CARIBBEAN, was created at the Conference of May 15, 2007 in Pointe à Pitre, Guadeloupe. The organization takes its name from the OHADA treaty harmonization business laws which links 16 countries in Sub-Saharan Africa, and is considered today as an example of integration by the international community.
The second OHADAC Conference was held in Port au Prince, Haiti, in June 17-18, 2008; it revealed a very strong desire throughout the entire Caribbean community for an effort such as OHADAC to harmonize business law and enhance the rule of commercial law.
The OHADAC project is keenly conscious of its geographical environment. Indeed, composed of a mosaic of States resulting from English, Dutch, American, Spanish and French colonization, the Caribbean enjoys a varied legal heritage: Common Law for the English-speaking Caribbean, Romano Germanic legal systems for the Spanish and French-speaking Caribbean.
Inspiré du succès mondialement reconnu du processus OHADA d'unification du droit des affaires en Afrique sub-Saharienne (www.ohada.com) engagé au début des années 1990, l'Ohadac est un projet sans précédent de coopération et d'intégration régionales qui, en rapprochant les Etats de la Caraïbe et les hommes, sert le développement économique et remploi en contribuant au développement des échanges commerciaux.