Model Arbitration Clause

Model Arbitration Clause

Model Arbitration Clause in Global Commerce Policy

In this regard, model arbitration clause is: also called Separate Arbitration Agreement. The entries on trade policy are here. It is contained in the UNCITRAL Arbitration Rules. The entries on trade policy are here. It reads as follows: Any dispute, controversy or claim arising out of or relating to this contract, or the breach, termination or invalidity thereof, shall be settled by arbitration in accordance with the UNCITRAL Arbitration Rules as present in force. Parties may wish to consider adding: (a) The appointing authority shall be                  (name of institution or person); (b) The number of arbitrators shall be                  (one or three); (c) The place of arbitration shall be                  (town or country); The language(s) to be used in the arbitral proceedings shall be                 .  See also arbitration.[1]

Model Arbitration Clausein the wold Encyclopedia

For an introductory overview on international trade policy, see this entry.

Resources

Notes and References

  1. Dictionary of Trade Policy, “Model Arbitration Clause” entry (OAS)

See Also


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