The Government extended jurisdiction in favor of the Swiss Arbitration Centrewithin the framework of the government guarantees necessary for the nomination of Argentina as the venue for one of the inaugural matches of the 2030 World Cup.
Looking ahead to the evaluation process that will begin in the third quarter of 2024, after FIFA already confirmed that at least one of the inaugural matches will be played in an Argentine stadium, the measure was made official through the publication in the Official bulletin of decree 547/2024.
Javier Milei Gianni Infantino
During his brief visit to the United States two months ago, President Javier Milei met with FIFA President Gianni Infantino, with whom he shared his project to promote Sports Corporations (SAD) in local football.
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The same arranged the extension of the Swiss Arbitration Center and detailed that the Government “waiver of opposing defense of sovereign immunityexclusively with respect to the jurisdiction that is extended, in the government guarantees that are subscribed within the framework of decree No. 430 of May 20, 2024.”
In the preamble, the rule states that government guarantees “provide that any dispute arising out of or in connection with them, their subject matter or formation shall be promptly settled between the parties by negotiation.” In the event that an amicable solution is not reached on a specific issue, the matter “shall be submitted exclusively to the Swiss Arbitration Centre, the seat of arbitration being Zurich, Swiss Confederation, whose decisions shall be final and binding on the parties, and shall be settled in accordance with the Swiss Rules of International Arbitration.”
World Cup 2030: details of the decree
The decree clarifies that the extension of this jurisdiction “does not imply any waiver by the Argentine Republic regarding the execution of the assets” which were detailed later.
These are:
- “Any asset, reserve or account of the Central Bank of the Argentine Republic.”
- “Any property belonging to the public domain located in the territory of the Argentine Republic, including those included in articles 234 and 235 of the Civil and Commercial Code of the Nation.”
- “Any property located inside or outside Argentine territory that provides an essential public service.”
- “Any asset (whether in the form of cash, bank deposits, securities, third party obligations or any other means of payment) of the Argentine Republic, its government agencies and other government entities related to the execution of the budget, within the scope of articles 165 to 170 of Law No. 11,672 Permanent Complementary Budget (to 2014)”.
- “Any property covered by the privileges and immunities of the Vienna Convention on Diplomatic Relations of 1961 and the Vienna Convention on Consular Relations of 1963, including, but not limited to, property, establishments and accounts of Argentine missions.”
- “Any property used by a diplomatic, governmental or consular mission of the Argentine Republic.”
- “Taxes and/or royalties owed to the Argentine Republic and its rights to collect taxes and/or royalties.”
- “Any asset of a military nature or under the control of a military authority or defense agency of the Argentine Republic.”
- “Any asset that forms part of the cultural heritage of the Argentine Republic.”
- “Assets protected by any applicable sovereign immunity law.”
FIFA has the final say on Argentina
In this framework, FIFA has yet to define the countries that will host the 2030 Centennial World Cup, since it anticipated that it will be in different venues in South America, Europe and Africa, but confirmation remains to be confirmed.
Argentina He applied, together with Chili, Paraguay and Uruguay as the venue for the entire international tournament, although it was later confirmed that the championship will have different venues in South America and Europe.
Morocco.webp
Morocco will invest US$4.2 billion in infrastructure for the 2030 World Cup
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FIFA intends to play the first three matches in Argentina, Uruguay and Paraguay, with the rest of the tournament taking place in Spain, Portugal and Morocco.
Last month, in the middle of his trip to Los Angeles, the president Javier Milei took the opportunity to hold a meeting with the boss of world football, Gianni Infantino.
