中外合资经营合同英文(16)
The formation, validity, interpretation, execution and settlement of
disputes in respect of, this contract shall be governed by the relevant
laws of the People's Republic of China.
Chapter 22 Settlement of Disputes
Article 59
Any disputes arising from the execution of, or in connection with, the
contract shall be settled through friendly consultations between both
parties. In case no settlement can be reached through consultations, the
disputes shall be submitted to the Foreign Economic and Trade Arbitration
Commission of the China Council for the Promotion of International Trade
for arbitration in accordance with its rules of procedure. The arbitral
award is final and binding upon both parties.
Or
Any disputes arising from the execution of, or in connection with the
contract shall be settled through friendly consultations between both
parties. In case no settlement can be reached through consultations, the
disputes shall be submitted to __________Arbitration Organization in
__________for arbitration in accordance with its rules of procedure. The
arbitral award is final and binding upon both parties.
Or
Any disputes arising from the execution of, or in connection with the
contract shall be settled through friendly consultations between both
parties. In case no settlement can be settled through consultations, the
disputes shall be submitted for arbitration.
Arbitration shall take place in the defendant's country.
If in China, arbitration shall be conducted by the Foreign Economic
and Trade Arbitration Commission of the China Council for the Promotion of
International Trade in accordance with its rules of procedure.
If in ___________, the arbitration shall be conducted by ___________in
accordance with its rules of procedure.
