Means of Settlement, Time Periods. (1) A dispute between a Contracting Party and an investor of the other Contracting Party shall, if possible, be settled by negotiation or consultation. If it is not so settled, the investor may choose to submit it for resolution:
(a) to the competent courts or administrative tribunals of the Contracting Party, party to the dispute;
(b) in accordance with any applicable previously agreed dispute settlement procedure; or
(c) in accordance with this Article to:
(i) the International Centre for Settlement of Investment Disputes (“the Centre”), established pursuant to the Convention of the Settlement of Investment Disputes between States and Nationals of other States, signed in Washington on 18 March 1965 (“the ICSID Convention”), if the Contracting Party of the investor and the Contracting Party, party to the dispute, are both parties to the ICSID Convention;
(ii) the Centre under the rules governing the Additional Facility for the Administration of Proceedings by the Secretariat of the Centre, if the Contracting Party of the investor or the Contracting Party, party to the dispute, but not both, is a party to the ICSID Convention;
(iii) a sole arbitrator or an ad hoc arbitration tribunal established under the Arbitration Rules of the United Nations Commission on International Trade Law (“UNCITRAL”);
(iv) the International Chamber of Commerce, by a sole arbitrator or an ad hoc tribunal under its rules of arbitration.
(2) A dispute may be submitted for resolution pursuant to paragraph (1) (c) of this Article after 60 days from the date notice of intent to do so was provided to the Contracting Party, party to the dispute, but not later than five years from the date the investor first acquired or should have acquired knowledge of the events which gave rise to the dispute.
Means of Settlement, Time Periods. (1) Such a dispute should, if possible, be settled by negotiation or consultation. If it is not so settled, the investor may choose to submit it for resolution:
a) To the competent courts or administrative tribunals of the Contracting Party to the dispute;
b) In accordance with any applicable previously agreed dispute settlement procedure, or
c) In accordance with this Article to:
i) The Convention of the Settlement of Investment Disputes between States and nationals of other States ("the ICSID Convention"), if the Contracting Party of the investor and the Contracting Party to the dispute are both parties to the ICSID Convention;
ii) The Centre under the rules governing the Additional Facility for the Administration of Proceedings by the Secretariat of the Centre, if the Contracting Party of the investor or the Contracting Party to the dispute, but not both, is a party to the ICSID Convention;
iii) A sole arbitrator or an ad hoc arbitration tribunal established under the Arbitration Rules of the United Nations Commission on International Trade Law ("UNCITRAL");
iv) The International Chamber of Commerce, by a sole arbitrator or an ad hoc tribunal under its rules of arbitration.
(2) The applicable arbitration rules shall govern the arbitration except to the extent modified by this Part.
(3) A dispute may be submitted for resolution pursuant to paragraph (1) c), provided that six months have elapsed since the events giving rise to the claim occurred and provided that the investor has delivered to the Contracting Party, party to the dispute, written notice of his intention to submit a claim to arbitration at least 60 days in advance, but not later than 4 years from the date the investor first acquired or should have acquired knowledge of the events which gave rise to the dispute.
Means of Settlement, Time Periods. 1. A dispute between a Contracting Party and an investor of the other Contracting Party shall, if possible, be settled by negotiation or consultation. If it is not so settled, the investor may choose to submit it for resolution:
a) to the competent courts or administrative tribunals of the Contracting Party, party to the dispute;
b) in accordance with any applicable previously agreed dispute settlement procedure; or
c) in accordance with this Article to:
i. the International Centre for Settlement of Investment Disputes ("the Centre") established pursuant to the Convention on the Settlement of Investment Disputes between States and Nationals of other States ("the ICSID Convention"), if the Contracting Party of the investor and the Contracting Party, party to the dispute, are both parties to the ICSID Convention;
ii. the Centre under the rules governing the Additional Facility for the Administration of Proceedings by the Secretariat of the Centre, if the Contracting Party of the investor or the Contracting Party, party to the dispute, but not both, is a party to the ICSID Convention;
iii. a sole arbitrator or an ad hoc arbitration tribunal established under the Arbitration Rules of the United Nations Commission on International Trade Law ("UNCITRAL");
iv. the International Chamber of Commerce, by a sole arbitrator or an ad hoc tribunal under its rules of arbitration.
2. A dispute may be submitted for resolution pursuant to paragraph 1 c) of this Article after 60 days from the date notice of intent to do so was provided to the Contracting Party, party to the dispute, but not later than five years from the date the investor first acquired or should have acquired knowledge of the events which gave rise to the dispute.
Means of Settlement, Time Periods. (1) A dispute between a Contracting Party and an investor of the other Contracting Party, shall, if possible, be settled by negotiation or consultation. If it is not so settled, the investor may choose to submit it for resolution:
(a) To the competent courts or administrative tribunals of the Contracting Party, party to the dispute;
(b) In accordance with any applicable previously agreed dispute settlement procedure, or
(c) In accordance with this Article to:
(i) The International Centre for Settlement of Investment Disputes ("the Centre"), established pursuant to the Convention on the Settlement of Investment Disputes between States and Nationals of other States, opened for signature at Washington on 18 March 1965, ("the ICSID Convention"), if the Contracting Party of the investor and the Contracting Party, party to the dispute are both parties to the ICSID Convention;Convention on the Settlement of Investment Disputes between States and Nationals of other States, opened for signature at Washington on 18 March 1965, ("the ICSID Convention"), if the Contracting Party of the investor and the Contracting Party, party to the dispute are both parties to the ICSID Convention;
(ii) The Centre under the rules governing the Additional Facility for the Administration of Proceedings by the Secretariat of the Centre, if the Contracting Party of the investor or the Contracting Party party to the dispute, but not both, is a party to the ICSID Convention;Additional Facility for the Administration of Proceedings by the Secretariat of the Centre, if the Contracting Party of the investor or the Contracting Party party to the dispute, but not both, is a party to the ICSID Convention;
(iii) An ad hoc arbitration tribunal established under the Arbitration Rules of the United Nations Commission on International Trade Law ("UNCITRAL");Arbitration Rules of the United Nations Commission on International Trade Law ("UNCITRAL");
(iv) The International Chamber of Commerce in Paris, by an ad hoc tribunal under its rules of arbitration.
(2) A dispute may be submitted for resolution pursuant to paragraph 1 (c) of this Article sixty (60) days after notice of the intent to do so was provided to the Contracting Party, party to the dispute, but not later than five years from the date the investor first acquired or should have acquired knowledge of the events which gave raise to the dispute.paragraph 1 (c) of this Article sixty (60) days after notice of the intent to do so was provided to t...
Means of Settlement, Time Periods. (1) Such a dispute should, if possible, be settled by negotiation or consultation. If it is not so settled, the investor may choose to submit it for resolution:
(a) To the competent courts or administrative tribunals of the Contracting Party to the dispute;
(b) In accordance with any applicable previously agreed dispute settlement procedure, or
(c) In accordance with this Article to:
(i) The International Centre for Settlement of Investment Disputes ("the Centre"), established pursuant to the Convention of the Settlement of Investment Disputes between States and nationals of other States ("the ICSID Convention"), if the Contracting Party of the investor and the Contracting Party to the dispute are both parties to the ICSID Convention;
(ii) The Centre under the rules governing the Additional Facility for the Administration of Proceedings by the Secretariat of the Centre, if the Contracting Party of the investor or the Contracting Party to the dispute, but not both, is a party to the ICSID Convention;
(iii) A sole arbitrator or an ad hoc arbitration tribunal established under the Arbitration Rules of the United Nations Commission on International Trade Law ("UNCITRAL");
(iv) The International Chamber of Commerce, by a sole arbitrator or an ad hoc tribunal under its rules of arbitration.
(2) A dispute may be submitted for resolution pursuant to paragraph 1 (c) of this Article after 60 days from the date of notice of intent to do so was provided to the Contracting Party, party to the dispute, but not later than 5 years from the date the investor first acquired or should have acquired knowledge of the events which gave rise to the dispute.
Means of Settlement, Time Periods. (1) Such a dispute should, if possible, be settled by negotiation or consultation. If it is not so settled, the investor my choose to submit it for resolution:
a) to the competent courts or administrative tribunals of the Contracting Party, party to the dispute;
b) in accordance with any applicable previously agreed dispute settlement procedure, or
c) in accordance with this Article to:
i) the International Centre for Settlement of Investment Disputes established pursuant to the Convention on the Settlement of Investment Disputes between States and Nationals of other States opend for signature in Washington on 18th March 1965 ("the ICSID Convention"), if the Contracting Party of the investor and the Contracting Party, party to the dispute are both parties to the ICSID Convention;
ii) a sole arbitrator or an ad hoc aritration tribunal established under the Arbitration Rules of the United Nations Commission on International Trade Law (“UNCITRAL”).
iii) the International Chamber of Commerce, by a sole arbitrator or an ad hoc tribunal under its rules of arbitration.
(2) A dispute may be submitted for resolution pursuant to paragraph 1 c) of this Article after 60 days from the date notice of intent to do so was provided to the Contracting Party, party to the dispute, but not later than five years from the date the investor first acquired or should have acquired knowledge of the events which gave rise to the dispute.
Means of Settlement, Time Periods. 1. An investor may choose to submit a dispute for resolution:
a) to any competent courts or administrative tribunals of the Contracting Party to the dispute;
b) in accordance with any applicable previously agreed dispute settlement procedure, or
c) by arbitration in accordance with this Article under:
i. the Convention on the Settlement of Investment Disputes between States and Nationals of other States (the "ICSID Convention"), if the Contracting Party of the investor and the Contracting Party to the dispute are both parties to the ICSID Convention;
ii. the Additional Facility Rules of the Centre for Settlement of Investment Disputes (“ICSID Additional Facility”), if the Contracting Party of the investor or the Contracting Party to the dispute, but not both, is a party to the ICSID Convention; or
iii. the Arbitration Rules of the United Nations Commission on International Trade Law ("UNCITRAL”).
2. The applicable arbitration rules shall govern the arbitration except to the extent modified by this Part.
3. A dispute may be submitted for resolution pursuant to paragraph 1. c), provided that six months for consultation or negotiation have elapsed since the events giving rise to the claim occurred and provided that the investor has delivered to the Contracting Party, party to the dispute, written notice of its intention to submit a claim to arbitration al least 90 days in advance, but not later than three years from the date the investor first acquired or should have acquired knowledge of the events which gave rise to the dispute.
4. The notice referred to in paragraph 3, shall specify:
a) the name and address of both the disputing investor and its investment;
b) the provisions of this Agreement alleged to have been breached and any other relevant provisions;
c) the issues and the factual basis for the claim; and d) the relief sought and the approximate amount of damages claimed.
Means of Settlement, Time Periods. (1) Such a dispute should, if possible, be settled by negotiation or consultation. If it is not so settled, the investor may choose to submit it for resolution:
a) to the competent courts or administrative tribunals of the Contracting Party to the dispute;
b) in accordance with any applicable previously agreed dispute settlement procedure, or
c) in accordance with this Article to:
i) the International Centre for Settlement of Investment Disputes (“the Centre”), established pursuant to the Convention of the Settlement of Investment Disputes between States and nationals of other States (“the ICSID Convention”), if the Contracting Party of the investor and the Contracting Party to the dispute are both parties to the ICSID Convention;
ii) the Centre under the rules governing the Additional Facility for the Administration of Proceedings by the Secretariat of the Centre, if the Contracting Party of the investor or the Contracting Party to the dispute, but not both, is a party to the ICSID Convention;
iii) a sole arbitrator or an ad hoc arbitration tribunal established under the Arbitration Rules of the United Nations Commission on International Trade Law (“UNCITRAL”);
iv) the International Chamber of Commerce, by a sole arbitrator or an ad hoc tribunal under its rules of arbitration.
(2) The applicable arbitration rules shall govern the arbitration except to the extent modified by this Part.
(3) A dispute may be submitted for resolution pursuant to paragraph (1) c), provided that six months have elapsed since the events giving rise to the claim occurred and provided that the investor has delivered to the Contracting Party, party to the dispute, written notice of his intention to submit a claim to arbitration at least 60 days in advance, but not later than 4 years from the date the investor first acquired or should have acquired knowledge of the events which gave rise to the dispute.
Means of Settlement, Time Periods. (1) Such a dispute should, if possible, be settled within three months by negotiation or consultation. If it is not so settled, the investor may choose to submit it for resolution:
a) to the competent courts or administrative tribunals of the Contracting Party, party to the dispute; or
b) in accordance with any applicable previously agreed dispute settlement procedure; or
c) in accordance with this Article to:
i) the International Centre for Settlement of Investment Disputes (“the Centre”), established pursuant to the Convention on the Settlement of Investment Disputes between States and Nationals of other States (“the ICSID Convention”), if the Contracting Party of the investor and the Contracting Party, party to the dispute, are both parties to the ICSID Convention; or
ii) the Centre under the rules governing the Additional Facility for the Administration of Proceedings by the Secretariat of the Centre, if the Contracting Party of the investor or the Contracting Party, party to the dispute, but not both, is a party to the ICSID Convention; or
iii) a sole arbitrator or an ad hoc arbitration tribunal established under the Arbitration Rules of the United Nations Commission on International Trade Law (“UNCITRAL”); or
iv) the International Chamber of Commerce, by a sole arbitrator or an ad hoc tribunal under its rules of arbitration.
(2) A dispute may be submitted for resolution pursuant to paragraph (1) c) of this Article after three months from the date of notice of intent to do so was provided to the Contracting Party, party to the dispute, but not later than five years from the date the investor first acquired or should have acquired knowledge of the events which gave raise to the dispute.
Means of Settlement, Time Periods. (1) A dispute between a Contracting Party and an investor of the other Contracting Party, shall, as far as possible, be settled by negotiation or consultation. If it is not so settled, the investor may choose to submit it for resolution:
(a) to the competent courts or administrative tribunals of the Contracting Party, party to the dispute;
(b) in accordance with any applicable previously agreed dispute settlement procedure; or
(c) in accordance with this Article to:
(i) the International Centre for Settlement of Investment Disputes ("the Centre"), established pursuant to the Convention on the Settlement of Investment Disputes between States and Nationals of other States, signed in Washington on 18 March 1965 ("the ICSID Convention"), if the Contracting Party of the investor and the Contracting Party, party to the dispute, are both parties to the ICSID Convention;
(ii) the Centre under the rules governing the Additional Facility for the Administration of Proceedings by the Secretariat of the Centre (Additional Facility Rules), if one of the Contracting Parties is not a Contracting State of the Convention mentioned in c (i) of this Article
(iii) a sole arbitrator or an ad hoc arbitration tribunal established under the Arbitration Rules of the United Nations Commission on International Trade Law ("UNCITRAL");
(iv) the International Chamber of Commerce, by a sole arbitrator or an ad hoc tribunal under its rules of arbitration.
(2) A dispute may be submitted for resolution pursuant to paragraph 1 (c) of this Article after 60 days from the date notice of intent to do so was provided to the Contracting Party, party to the dispute, but not later than five years from the date the investor first acquired or should have acquired knowledge of the events which gave rise to the dispute.
