PCA Optional Rules for Conciliation of Disputes Relating to Natural Resources and/or the Environment Model Conciliation Clause

Updated at:August 2016
SUMMARY

Future Disputes. Existing Disputes.

 
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MODEL ARBITRATION CLAUSE

FOR USE IN CONNECTION WITH THE ARBITRATION OF DISPUTES BEING CONCILIATED UNDER THE PERMANENT COURT OF ARBITRATION OPTIONAL RULES FOR CONCILIATION OF DISPUTES RELATING TO NATURAL RESOURCES AND/OR THE ENVIRONMENT

  1. In the event that a dispute being conciliated under the Permanent Court of Arbitration Optional Rules for Conciliation of Disputes Relating to Natural Resources and/or the Environment has not been settled pursuant to said Rules within 90 days of filing an invitation to conciliate, or within such other period as the parties may agree in writing, or when some aspect of the dispute is unresolved notwithstanding the terms of a settlement agreement reached pursuant to Article 12 of said Rules, such dispute shall be finally settled under the Permanent Court of Arbitration Optional Rules for Arbitration of Disputes Relating to Natural Resources and/or the Environment by one or more arbitrators appointed in accordance with the said Rules of Arbitration. No admission or proposal formulated during the course of the conciliation...

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