Notice of intent to submit claims to arbitration pursuant to article 10.16 of the CAFTA-DR

Prospera | 16 September 2022

Notice of intent to submit claims to arbitration pursuant to article 10.16 of the CAFTA-DR

In accordance with Article 10.16 of the Dominican Republic–Central America–United States Free Trade Agreement (“CAFTA-DR”), Honduras Próspera Inc. (“Honduras Próspera”) and its affiliates St. John’s Bay Development Company LLC (“SJBDC”) and Próspera Arbitration Center LLC (“PAC” and, jointly with Honduras Próspera and SJBDC, the “Próspera Group” or “Claimants”), respectfully submit to the Republic of Honduras (“Honduras”) this written notice of their intention to submit claims to arbitration. This notice is delivered pursuant to Annex 10-G of the CAFTA-DR.

Read the full letter (pdf)

source: Prospera