TNAG-2526-FCO40-3689-Future-of-Hong-Kong-International-Rights-and-Obligations-(IR-1992 — Page 4

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approval is required.

Any Contracting State may notify the

Centro of the class or classes of disputes which it would or would not consider submitting to the jurisdiction of the

Centre.

4.

addressed in

register it

outside the

A request for conciliation or arbitration shall be

writing to the

Secretary-General who shall unless he finds that the request is manifestly

jurisdiction of the Centre. The Conciliation

the Arbitral Tribunal shall be constituted as

possible

Commission

soon

as

(Articles

after registration of the request

28, 29, 36 and 37).

Terms of settlement

recommended by the Commission must be

consideration by the

given serious

parties (Article 34).

Awards of the

Tribunal shall be binding on the parties and shall not be

appeal or any other remedy except those

in the Convention (Article 53).

subject to any

provided for

Each

Contracting State is required to recognise and enforce the

award as if it were a final judgment of a court in that

State (Article 54).

on

5.

Article 67 provides that the Convention is open

for signature

behalf of States members of IBRD and any

other State

which

International

is a party to the Statute of the

Court of Justice and which the Administrative

Council, by a vote of two-thirds of its members, shall have

invited to sign

Convention

Convention.

the

shall

apply to all

Under Article 70, the

territories for whose

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