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The international law relevant to commercial arbitration in force in Mexico consists ofessentially the following conventions: (a) the Convention on the Recognition andEnforcement of Foreign Arbitral Awards, known as the New York Convention, and (b)the Inter-American Convention on International Commercial Arbitration, also called thePanama Convention.The second source, the internal regulation in Mexico on international commercialarbitration (also applicable to national arbitration), is Chapter IV of the CommerceCode, which is entirely dedicated to the arbitral proceeding and which incorporated theModel Law on Arbitration of the United Nations Commission on International TradeLaw with minimal changes.In addition to international and national regulations, a third source of arbitral law inMexico is the rules of international custom created by commercial usage and custom.5.2. Arbitral InstitutionsThe Commerce Code recognizes and authorizes both ad hoc arbitration and institutionalarbitration, giving the parties full liberty to choose the procedural rules they considerconvenient. In this regard, it is important to identify the principal institutionsresponsible for administering both national and international arbitration in Mexico:a) Arbitration and Mediation Commission of the National Chamber of Commerce(Comisión de Arbitraje y Mediación de la Cámara Nacional de Comercio, CANACO). Theprincipal purpose of this commission is to provide its own rules for resolving disputessubmitted to both national and international arbitration, free of charge. The majorityof the cases taken before the CANACO are national. In addition to the above, theCANACO also administers arbitrations whose proceedings are carried out in accordancewith the rules of arbitration of the Center of Commercial Arbitration and Mediationfor the Americas (Centro de Arbitraje y Mediación Comercial para las Américas,CAMCA) and the Inter-American Convention on International Commercial Arbitration(Convención Interamericana sobre Arbitraje Comercial Internacional, CIAC). It is located atPaseo de la Reforma no. 42, Colonia Centro, CP 06048, México, Distrito Federal;b) Mexican Arbitration Center (Centro de Arbitraje de México, CAM). This is a privateinstitution whose mission is to administer commercial arbitrations. The rules ofarbitration and the structure of the Center are inspired by the rules of the InternationalChamber of Commerce (ICC). The CAM offers services such as the selectionof arbitrators, experts, and members of dispute resolution panels; the administrationof proceedings; and consultations on the drafting of arbitration clauses andthe provision of information related to commercial arbitration. The CAM offices arelocated in the World Trade Center building, Montecito no. 38, 14 th floor, office 38,Colonia Nápoles, CP 03810 México, Distrito Federal;347Dispute Resolution