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Commercial Dispute Resolution
Facilitation of foreign investment and trade, as well as local commerce, requires that those involved have confidence that disputes can be settled fairly and efficiently, without exorbitant expense. Measured against this standard, the situation in Costa Rica is neither very good, nor very bad. On the one hand, the level of corruption in the courts seems to be less than in other countries in the area. On the other hand, court delays are very long. A complete view of the possibilities for commercial dispute resolution, however, includes the availability of ADR mechanisms such as arbitration and mediation, which are more advanced in Costa Rica than in other countries in the area.
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