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ARTICLE 9
Settlement of Investment Disputes
Party
A dispute between an investor of one Contracting
the other Contracting Party concerning an
of the former in the area of the latter which has
and
investment
months from
not been settled amicably, shall, after a period of six
written notification of the claim, be submitted
to such procedures for settlement as may be agreed between
the parties to the dispute. If no such procedures have been
agreed within that six month period, the parties to the
dispute shall be bound to submit it to arbitration under the
Rules of the United Nations
Arbitration
International
Trade Law as then in force.
Commission
on
The parties may
agree in writing to modify those Rules. The arbitration
award shall be final and binding in accordance with relevant
domestic law.
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