Common use of Settlement of Disputes between Contracting Parties Clause in Contracts

Settlement of Disputes between Contracting Parties. 1. Any dispute between the Contracting parties concerning the interpretation or application of this Agreement shall, as far as possible, be settled with consultation through diplomatic channel. 2. If a dispute cannot thus be settled within six months, it shall, upon the request of either Contracting Party, be submitted to an ad hoc arbitral tribunal. 3. Such tribunal shall comprise of three arbitrators. Within two months of the receipt of the written notice requesting arbitration, each Contracting Party shall appoint one arbitrator respectively. Those two arbitrators shall, within further two months, together select a national of a third State having diplomatic relations with both Contracting Parties as Chairman of the arbitral tribunal. 4. If the arbitral tribunal has not been constituted within four months from the receipt of the written notice requesting arbitration, either Contracting Party may, in the absence of any other agreement, invite the President of the International Court of Justice to make any necessary appointments. If the President is a national of either Contracting Party or is otherwise prevented from discharging the said functions, the Member of the International Court of Justice next in seniority who is not a national of either Contracting Party and is not otherwise prevented from discharging the said functions shall be invited to make such necessary appointments. 5. The arbitral tribunal shall determine its own procedure. The arbitral tribunal shall reach its award in accordance with the provisions of this Agreement and the principles of international law recognized by both Contracting Parties. 6. The arbitral tribunal shall reach its award by a majority of votes. Such award shall be final and binding upon both Contracting Parties. The arbitral tribunal shall, upon the request of either Contracting Party, explain the reasons of its award. 7. Each Contracting Party shall bear the costs of its appointed arbitrator and of its representation in arbitral proceedings. The relevant costs of the Chairman and tribunal shall be borne in equal parts by the Contracting parties.

Settlement of Disputes between Contracting Parties. 1. Any dispute between the Contracting parties Parties concerning the interpretation or application of this Agreement shall, as far as possible, be settled with consultation through diplomatic channel. 2. If a dispute cannot thus be settled within six months, it shall, upon the request of either Contracting Party, be submitted to an ad hoc arbitral tribunal. 3. Such tribunal shall comprise comprises of three arbitrators. Within two months of the receipt of the written notice requesting arbitration, each Contracting Party shall appoint one arbitrator respectivelyarbitrator. Those two arbitrators shall, within further two monthsmonths from both of them are appointed, together select a national of a third State having diplomatic relations with both Contracting Parties as Chairman of the arbitral tribunal. 4. If the arbitral tribunal has not been constituted within four months from the receipt of the written notice requesting arbitration, either Contracting Party may, in the absence of any other agreement, invite the President of the International Court of Justice to make any necessary appointments. If the President is a national of either Contracting Party or is otherwise prevented from discharging the said functions, the Member of the International Court of Justice next in seniority who is Is not a national of either Contracting Party and or is not otherwise prevented from discharging the said functions shall be invited to make such necessary appointments. 5. The arbitral tribunal shall determine its own procedure. The arbitral tribunal shall reach its award in accordance with the provisions of this Agreement and the principles of international law recognized by both Contracting Parties. 6. The arbitral tribunal shall reach its award by a majority of votes. Such award shall be final and binding upon both Contracting Parties. The arbitral tribunal shall, upon the request of either Contracting Party, explain the reasons of its award. 7. Each Contracting Party shall bear the costs of its appointed arbitrator and of its representation in arbitral proceedings. The relevant costs of the Chairman and tribunal shall be borne in equal parts by the Contracting partiesParties.

Settlement of Disputes between Contracting Parties. 1. ) Any dispute between the Contracting parties Parties concerning the interpretation or of application of this Agreement shall, as far as possible, be settled with consultation through diplomatic channel. 2. ) If a dispute cannot thus be settled within six months, it shall, upon the request of either Contracting Party, be submitted to an ad hoc arbitral tribunal. 3. ) Such tribunal shall comprise comprises of three arbitrators. Within two months of the receipt of the written notice requesting arbitration, each Contracting Party shall appoint one arbitrator respectivelyarbitrator. Those two arbitrators shall, within further two months, together select a national of a third State having diplomatic relations with both Contracting Parties as Chairman of the arbitral tribunal. 4. ) If the arbitral tribunal has not been constituted within four months from the receipt of the written notice requesting arbitration, either Contracting Party may, in the absence of any other agreement, invite the President of the International Court of Justice to make any necessary appointments. If the President is a national of either Contracting Party or is otherwise prevented from discharging the said functions, the Member of the International Court of Justice next in seniority who is not a national of either Contracting Party and Party, or is not otherwise prevented from discharging the said functions functions, shall be invited to make such necessary appointments. 5. ) The arbitral tribunal shall determine its own procedure. The arbitral tribunal shall reach its award in accordance with the provisions of this Agreement and the applicable principles of international law recognized by both Contracting Partieslaw. 6. ) The arbitral tribunal shall reach its award by a majority of votes. Such award shall be final and binding upon both Contracting Parties. The arbitral tribunal shall, upon the request of either Contracting Party, explain the reasons of its award. 7. ) Each Contracting Party shall bear the costs of its appointed arbitrator and of its representation in arbitral proceedings. The relevant costs of the Chairman and tribunal shall be borne in equal parts by the Contracting partiesParties.

Settlement of Disputes between Contracting Parties. 1. Any dispute between the Contracting parties Parties concerning the interpretation or application of this Agreement shall, as far as possible, be settled with consultation through diplomatic channel. 2. If a dispute cannot thus be settled within six months, it shall, upon the request of either Contracting Party, be submitted to an ad hoc arbitral tribunal. 3. Such tribunal shall comprise comprises of three arbitrators. Within two months of the receipt of the written notice requesting arbitration, each Contracting Party shall appoint one arbitrator respectivelyarbitrator. Those two arbitrators shall, within further two months, together select a national of a third State having diplomatic relations with both Contracting Parties as Chairman of the arbitral tribunal. 4. If the arbitral tribunal has not been constituted within four months from the receipt of the written notice requesting arbitration, either Contracting Party may, in the absence of any other agreement, invite the President of the International Court of Justice to make any necessary appointments. If the President is a national of either Contracting Party or is otherwise prevented from discharging the said functions, the Member of the International Court of Justice next in seniority who is not a national of either Contracting Party and or is not otherwise prevented from discharging the said functions shall be invited to make such necessary appointments. 5. The arbitral tribunal shall determine its own procedure. The arbitral tribunal shall reach its award in accordance with the provisions of this Agreement and the principles of international law recognized by both Contracting Parties. 6. The arbitral tribunal shall reach its award by a majority of votes. Such award shall be final and binding upon both Contracting Parties. The arbitral tribunal shall, upon the request of either Contracting Party, explain the reasons of its award. 7. Each Contracting Party shall bear the costs of its appointed arbitrator and of its representation in arbitral proceedings. The relevant costs of the Chairman and tribunal shall be borne in equal parts by the Contracting partiesParties.

Settlement of Disputes between Contracting Parties. 1. Any dispute between the Contracting parties ) Disputes concerning the interpretation or application of this Agreement shall, as far as possible, be settled with consultation amicably through diplomatic channelchannels. 2. ) If a the dispute cannot thus be settled within six monthsmonths from the date when it was raised by either contracting party, it shall, upon shall be permitted and based on the request of either Contracting Party, be submitted to submit the dispute to an ad hoc arbitral tribunal. 3. Such ) The arbitral tribunal shall comprise of three arbitrators. Within two months of the receipt of the written notice requesting arbitrationbe constituted for each individual case, each and The following: Each Contracting Party shall appoint one arbitrator respectively. Those and the two arbitrators shallthus appointed, within further two months, together select in turn shall designate by common agreement the third arbitrator who shall be a national of a third State having which has diplomatic relations with both Contracting Parties contracting parties, to be identified as Chairman Chairperson of the arbitral tribunalarbitration panel. the appointment of the arbitrators shall take place within two months from the date on which either contracting party notifies the other contracting party of its intention to submit the dispute to arbitration. 4. If ) In the arbitral tribunal has event that the appointment of the arbitrators have not been constituted made within four months from the receipt periods specified in paragraph (3) of this article, it shall be permitted to each of the written notice requesting arbitration, either Contracting Party mayParties, in the absence of any other agreement, invite to request the President resident of the International Court of Justice to make any the necessary appointments. If if the President is a national of either Contracting Party or is otherwise prevented from discharging unable to fulfil the said functionsabovementioned mission, it shall request the Member member of the International Court of Justice next in seniority who is not a and hierarchically successor national of either of the two Contracting Party and is not otherwise prevented from discharging the said functions shall be invited Parties to make such the necessary appointments. 5. ) The arbitral tribunal shall determine render its own procedure. The arbitral tribunal shall reach its award in accordance with the provisions of this Agreement and the principles of international law recognized by both Contracting Parties. 6. The arbitral tribunal shall reach its award decisions by a majority of votes. Such award they shall be final and binding upon on both Contracting Partiescontracting parties. The arbitral tribunal the Forum shall draw up its own procedures. it interprets the decisions it shall, upon at the request of either Contracting Party, explain . the reasons of its award. 7. Each Contracting Party shall bear Agency's legal expenses including the costs of its appointed arbitrator and of its representation in arbitral proceedings. The relevant costs remuneration of the Chairman and tribunal arbitrators shall be borne in equal parts by the Contracting parties.both

Settlement of Disputes between Contracting Parties. 1. Any dispute between the Contracting parties Parties concerning the interpretation or application of this Agreement shall, as far as possible, be settled with consultation through diplomatic channel. 2. If a dispute cannot thus be settled within six months, it shall, upon the request of either Contracting Party, be submitted to an ad hoc arbitral tribunal. 3. Such arbitral tribunal shall comprise comprises of three arbitrators. Within two months of the receipt of the written notice requesting arbitration, each Contracting Party shall appoint one arbitrator respectivelyarbitrator. Those two arbitrators shall, within further two months, together select a national of a third State having diplomatic relations with agreed by both Contracting Parties as Chairman of the arbitral tribunal. 4. If the arbitral tribunal has not been constituted within four months from the receipt of the written notice requesting arbitration, either Contracting Party may, in the absence of any other agreement, invite the President of the International Court of Justice to make any necessary appointments. If the President is a national of either Contracting Party or is otherwise prevented from discharging the said functions, the Member of the International Court of Justice next in seniority who is not a national of either Contracting Party and or is not otherwise prevented from discharging the said functions shall be invited to make such necessary appointments. 5. The arbitral tribunal shall determine its own procedure. The arbitral tribunal shall reach its award in accordance with the provisions of this Agreement and the principles of international law recognized by both Contracting Parties. 6. The arbitral tribunal shall reach its award by a majority of votes. Such award shall be final and binding upon both Contracting Parties. The arbitral tribunal shall, upon the request of either Contracting Party, explain the reasons of its award. 7. Each Contracting Party shall bear the costs of its appointed arbitrator and of its representation in arbitral proceedings. The relevant costs of the Chairman and tribunal shall be borne in equal parts by the Contracting partiesParties.

Settlement of Disputes between Contracting Parties. 1. Any dispute between the Contracting parties Parties concerning the interpretation or application of this Agreement shall, as far as possible, be settled with consultation through diplomatic channel. 2. If a dispute cannot thus be settled within six months, it shall, upon the request of either Contracting Party, be submitted to an ad hoc arbitral tribunal. 3. Such tribunal shall comprise comprises of three arbitrators. Within two months of the receipt of the written notice requesting arbitration, each Contracting Party shall appoint one arbitrator respectivelyarbitrator. Those two arbitrators shall, within further two months, together select a national of a third State having diplomatic relations with both Contracting Parties as Chairman of the arbitral tribunal. 4. If the arbitral tribunal has not been constituted within four months from the receipt of the written notice requesting arbitration, either Contracting Party may, in the absence of any other agreement, invite the President of the International Court of Justice to make any necessary appointments. If the President is a national of either Contracting Party or is otherwise prevented from discharging the said functions, the Member of the International Court of Justice next in seniority who is not a national of either Contracting Party and or is not otherwise prevented from discharging the said functions shall be invited to make such necessary appointments.. V!. ' ' " =y 9—2002—2.000—Imp. Na!.-0922 5. The arbitral tribunal shall determine its own procedure. The arbitral tribunal shall reach its award in accordance with the provisions of this Agreement and the universally accepted principles of international law recognized by both Contracting Partieslaw. 6. The arbitral tribunal shall reach its award by a majority of votes. Such award shall be final and binding upon both Contracting Parties. The arbitral tribunal shall, upon the request of either Contracting Party, explain the reasons of its award. 7. Each Contracting Party shall bear the costs of its appointed arbitrator and of its representation in arbitral proceedings. The relevant costs of the Chairman and tribunal shall be borne in equal parts by the Contracting partiesParties.

Settlement of Disputes between Contracting Parties. 1. Any dispute arising between the Contracting parties Parties concerning the interpretation or application of this Agreement shall, as far as possible, be settled with by consultation through diplomatic channelchannels. 2. If a dispute cannot thus be settled so resolved within six (6) months, it shall, upon at the request of either one of the Contracting PartyParties, be submitted to an ad hoc arbitral tribunal. 3. Such This tribunal shall comprise consist of three arbitrators. Within two months of the receipt of the written notice notification requesting arbitration, each Contracting Party shall appoint one arbitrator respectivelyarbitrator. Those These two arbitrators shall, within a further two months, together jointly select a national citizen of a third State country having diplomatic relations with both Contracting Parties as Chairman President of the arbitral tribunalArbitral Tribunal. 4. If the arbitral tribunal has Arbitral Tribunal is not been constituted within four months from the of receipt of the written notice notification requesting arbitration, either Contracting Party may, in the absence of any other agreementAgreement, invite the President of the International Court of Justice to make any necessary appointmentssuch appointments as it deems necessary. If the President is a national citizen of either one of the Contracting Party Parties or is otherwise prevented from discharging exercising the said functions, the Member next senior member of the International Court of Justice next in seniority who is not a national citizen of either one of the Contracting Party and Parties or is not otherwise prevented from discharging exercising the said functions shall be invited to make such necessary appointmentsappointments as may be deemed necessary. 5. The arbitral tribunal shall determine choose its own procedure. The arbitral tribunal shall reach make its (arbitral) award in accordance with the provisions of this Agreement and the principles of international law recognized by both each of the Contracting Parties. 6. The arbitral tribunal Arbitral Tribunal shall reach make its award by a majority of votes. Such The award shall be final and binding upon on both Contracting Parties. The arbitral tribunal shall, upon the request of either Contracting Party, explain the reasons of its award. 7. Each Contracting Party shall bear the costs of its appointed arbitrator and of its representation in arbitral proceedings. The relevant costs of the Chairman and tribunal shall be borne in equal parts by the Contracting parties.Contracting

Settlement of Disputes between Contracting Parties. 1. Any dispute between the Contracting parties Parties concerning the interpretation or application of this Agreement shall, as far as possible, be settled with consultation through diplomatic channel. 2. If a dispute cannot thus be settled within six months, it shall, upon the request of either Contracting Party, be submitted to an ad hoc arbitral tribunal. 3. Such tribunal shall comprise comprises of three arbitrators. Within two months of the receipt of the written notice requesting arbitration, each Contracting Party shall appoint one arbitrator respectivelyarbitrator. Those two arbitrators shall, within further two months, together select a national of a third State having diplomatic relations with both Contracting Parties as Chairman of the arbitral tribunal. 4. If the arbitral tribunal has not been constituted within four months from the receipt of the written notice requesting arbitration, either Contracting Party may, in the absence of any other agreement, invite the President of the International Court of Justice to make any necessary appointments. appointments If the President is a national of either Contracting Party or is otherwise prevented from discharging the said functionsfunction, the Member of the International Court of Justice next in seniority who is not a national of either Contracting Party and or is not otherwise prevented from discharging the said functions function shall be invited to make such necessary appointments. 5. The arbitral tribunal shall determine its own procedure. The arbitral tribunal shall reach its award in accordance with the provisions of this Agreement and the principles of international law recognized by both Contracting Parties. 6. The arbitral tribunal shall reach its award by a majority of votes. Such award shall be final and binding upon on both Contracting Parties. The arbitral tribunal shall, upon the request of either Contracting Party, explain the reasons of its award. 7. Each Contracting Party shall bear the costs of its appointed arbitrator and of its representation in arbitral proceedings. The relevant costs of the Chairman and tribunal shall be borne in equal parts by the Contracting parties.Parties,

Settlement of Disputes between Contracting Parties. 1. 19.1 Any dispute dispute(s) between the Contracting parties Parties concerning the interpretation interpretation, application or application implementation of this Agreement shall, as far as possible, be settled with amicably through consultation through diplomatic channelor negotiation between the Contracting Parties. 2. 19.2 If a dispute canthe dispute(s) is not thus be so settled within six months, it shall, upon (6) months from the request of date on which such negotiations or consultations were proposed by either Contracting Party, the dispute(s) shall, at the request of the aggrieved party, be submitted to an ad hoc arbitral tribunalarbitration. 3. Such 19.3 The arbitral tribunal shall comprise of be constituted for each individual case as follows: a) within three arbitrators. Within two (3) months of the after receipt of the written notice requesting injured party's request for arbitration, each Contracting Party shall appoint one arbitrator respectively. Those (1) member of the arbitral tribunal; b) two arbitrators shall(2) members of the arbitral tribunal shall select one (1) member, within further two months, together select who shall be a national of a third State having diplomatic relations with both Contracting Parties as Chairman Party, who shall be appointed by the President of the arbitral tribunal in agreement with the Contracting Parties; c) the President of the arbitral tribunal shall be appointed within three (3) months from the date of appointment by the Contracting Parties of the two (2) members of the tribunal. 4. 19.4 If the arbitral tribunal has necessary appointments have not been constituted made within four months from the receipt of the written notice requesting arbitrationtime limits referred to in paragraph 19.3, either any Contracting Party may, in the absence of any other agreementunless otherwise agreed, invite request the President of the International Court of Justice to make any necessary appointments. If the President is a national of either a Contracting Party or is otherwise prevented from discharging the said functionsunable to perform this function, the Member Vice-President may be requested to make the necessary appointments. If the Vice-President is a national of a Contracting Party or is also otherwise unable to perform this function, the next most senior member of the International Court of Justice next in seniority who is not a national of either a Contracting Party and is not otherwise prevented from discharging the said functions shall may be invited to make such the necessary appointments. 519.5 The arbitral tribunal shall decide the dispute in accordance with this Agreement and the applicable principles of international trade or investment law. The arbitral tribunal shall determine its own procedure. The arbitral tribunal shall reach its award in accordance with the provisions of this Agreement and the principles of international law recognized by both Contracting Parties. 6. The arbitral tribunal shall reach render its award by a majority of votesvote. Such award shall be final and binding upon both on the Contracting Parties. The arbitral tribunal shall, upon the request of either Contracting Party, explain the reasons of its award. 7. 19.6 Each Contracting Party shall bear the costs expenses of its appointed arbitrator member's participation in the arbitral tribunal and of its own representation in the arbitral proceedings. The relevant costs expenses of the Chairman of the arbitral tribunal and tribunal other administrative expenses shall be borne in equal parts equally by the Contracting partiesParties. 19.7 The arbitral tribunal may, however, in its award, however, upon presentation of appropriate reasons, specify that one of the Contracting Parties shall bear the greater part of the expenses. 19.8 The Arbitral Tribunal shall determine its own procedure, unless the Contracting Parties agree otherwise. 19.9 The choice of the seat of arbitration shall be subject to agreement by the Contracting Parties.

Settlement of Disputes between Contracting Parties. 1. ) Any dispute between the Contracting parties Parties concerning the interpretation or application of this Agreement shall, as far as possible, be settled with consultation through diplomatic channel. 2. ) If a dispute cannot thus be settled within six months, it shall, upon the request of either Contracting Party, be submitted to an ad hoc arbitral tribunal. 3. ) Such tribunal shall comprise comprises of three arbitrators. Within two months of the receipt of the written notice requesting arbitration, each Contracting Party shall appoint one arbitrator respectivelyarbitrator. Those two arbitrators shall, within further two months, together select a national of a third State having diplomatic relations with both Contracting Parties as Chairman of the arbitral tribunal. 4. ) If the arbitral tribunal has not been constituted within four months from the receipt of the written notice requesting arbitration, either Contracting Party may, in the absence of any other agreement, invite the President of the International Court of Justice to make any necessary appointments. If the President is a national of either Contracting Party or is otherwise prevented from discharging the said functions, the Member of the International Court of Justice next in seniority who is not a national of either Contracting Party and Party, or is not otherwise prevented from discharging the said functions functions, shall be invited to make such necessary appointments. 5. ) The arbitral tribunal shall determine its own procedure. The arbitral tribunal shall reach its award in accordance with the provisions of this Agreement and the applicable principles of international law recognized by both Contracting Partieslaw. 6. ) The arbitral tribunal shall reach its award by a majority of votes. Such award shall be final and binding upon both Contracting Parties. The arbitral tribunal shall, upon the request of either Contracting Party, explain the reasons of its award. 7. ) Each Contracting Party shall bear the costs of its appointed arbitrator and of its representation in arbitral proceedings. The relevant costs of the Chairman and tribunal shall be borne in equal parts by the Contracting partiesParties.

Settlement of Disputes between Contracting Parties. 1. Any dispute between the Contracting parties Parties concerning the interpretation or application of this Agreement shall, as far as possible, be settled with consultation through diplomatic channelchannels. 2. If a dispute cannot thus be settled within six months, it shall, upon the request of either Contracting Party, be submitted to an ad hoc arbitral tribunal. 3. Such tribunal shall comprise comprises of three arbitrators. Within two months of the receipt of the written notice requesting arbitration, each Contracting Party shall appoint one arbitrator respectivelyarbitrator. Those two arbitrators shall, within further two months, together select a national of a third State having diplomatic relations with both Contracting Parties as Chairman of the arbitral tribunal. 4. If the arbitral tribunal has not been constituted within four months from the receipt of the written notice requesting arbitration, either Contracting Party may, in the absence of any other agreement, invite the President of the International Court of Justice to make any necessary appointments. If the President is a national of either Contracting Party or is otherwise prevented from discharging the said functions, the Member of the International Court of Justice next in seniority who is not a national of either Contracting Party and or is not otherwise prevented from discharging the said functions shall be invited to make such necessary appointments. 5. The arbitral tribunal shall determine its own procedure. The arbitral tribunal shall reach its award in accordance with the provisions of this Agreement and the principles of international law recognized by both Contracting Parties. 6. The arbitral tribunal shall reach its award by a majority of votes. Such award shall be final and binding upon both Contracting Parties. The arbitral tribunal shall, upon the request of either Contracting Party, explain the reasons of its award. 7. Each Contracting Party shall bear the costs of its appointed arbitrator and of its representation in arbitral proceedings. The relevant costs of the Chairman and tribunal shall be borne in equal parts by the Contracting partiesParties.