Recourse to conciliation and arbitration under the ICSID Convention is entirely voluntary.

It was in favour of recourse to arbitration when the parties could not agree.

However, concern was also expressed that recourse to arbitration might hinder the application of the rules of the draft instrument on exclusive jurisdiction.

To avoid this problem, recourse to international legal principles such as uti possedetis (acceptance of colonial borders) was applied by international courts and arbitration commissions.

Providing for recourse to the basic existing mechanisms conciliation, arbitration and recourse to the International Court of Justice would be acceptable, as long as States had the option of determining the type of mechanisms they accepted and for which types of disputes.

It would be quite reasonable to envisage allowing for a choice between arbitration and recourse to the International Court of Justice, for that practice was becoming increasingly common.

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(e) In response to the question whether Macedonia was prepared to settle by agreement all questions relating to State succession in Yugoslavia and regional disputes, or by recourse to arbitration if necessary

arbitration submission to

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34. His delegation agreed in principle with the idea of a multi step dispute settlement regime including compulsory recourse to the International Court of Justice when conciliation and arbitration had failed.

It is undoubtedly in order to facilitate such recourse to the Court that its Administrative Council last year adopted a series of new optional rules of procedure relating to the arbitration of disputes between States.

Arbitration

ARBITRATION

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We must turn to our last recourse.

arbitration clause

ARBITRATION COMMISSION

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The Court rejected the claimant's request to appoint an arbitration tribunal and declared the arbitration proceedings inadmissible.

arbitration agreement validity

Arbitration Amicable settlement

Arbitration Chapter 16

Jurisdiction and Arbitration

Arbitration Chapter 17

arbitration agreement validity

World Arbitration Institute.

IV. ARBITRATION COMMISSION

The distinction between arbitration clause and arbitration agreement is no longer relevant.

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Replies showed that the definition of what States considered to be an arbitration agreement qualifying for referral to arbitration under the New York Convention was generally found in a separate law on commercial arbitration and that the implementing legislation did not specify which arbitration agreements qualified for referral to arbitration under the New York Convention.

Both Chambers decline to conduct arbitration proceedings.

There appeared to be disparity in determining which arbitration agreements qualify for the referral to arbitration under the New York Convention.

Article 83. Arbitration agreements

Permanent Court of Arbitration

III. INTERNATIONAL COMMERCIAL ARBITRATION

and then he turned back to have recourse to his craftiness ,

and then he turned back to have recourse to his craftiness ,

The use of the word may in the arbitration clause was to be interpreted to mean that either party had an option to proceed with arbitration, and not that the submission of disputes to arbitration was optional.