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THE MEXICAN ASSOCIATION OF COMMERCIAL MEDIATION AND ARBITRATION
Montevideo n.2703, Providencia C.P.44630,
Guadalajara, Jalisco, MEXICO
· sporazum* je bil sklenjen dne 25.11.1998

  v slovenščini

AGREEMENT OF COOPERATION
IN THE FIELD OF
INTERNATIONAL COMMERCIAL ARBITRATION
BETWEEN
THE MEXICAN ASSOCIATION OF
COMMERCIAL MEDIATION AND ARBITRATION
AND
THE PERMANENT COURT OF ARBITRATION
ATTACHED TO
THE CHAMBER OF COMMERCE AND INDUSTRY
OF SLOVENIA

The Mexican Association of Commercial Mediation and Arbitration (referred to as the "AMMAC") and the Permanent Court of Arbitration attached to the Chamber of Commerce and Industry of Slovenia (referred to as the "Permanent Court of Arbitration"), believing that wider use of commercial arbitration will contribute to the stability of economic transactions between Mexico and Slovenia, have agreed as follows:

Article 1

AMMAC and the Permanent Court of Arbitration shall each recommend enterprises engaged in economic transactions between Mexico and Slovenia the insertion of the following arbitration clause in contracts between such enterprises:

"All disputes that may arise between the parties out of or in relation to this contract shall be settled by arbitration under the Mexico - Slovenia Arbitration Agreement. The place of arbitration shall be, unless otherwise agreed between the parties, the country in which the respondent resides. In case the respondent is an enterprise of Mexico, the arbitration shall be conducted by the Mexican Association of Commercial Mediation and Arbitration in accordance with the Commercial Arbitration Rules thereof. In case the respondent is an enterprise of Slovenia, the Arbitration shall be conducted by the Permanent Court of Arbitration attached to the Chamber of Commerce and Industry of Slovenia in accordance with the Rules of Procedure of the Permanent Court of Arbitration attached to the Chamber of Commerce and Industry of Slovenia."

Article 2

(1) Any arbitrator shall not be limited to the national of either country where the arbitration takes place.

(2) The language of English shall, unless otherwise agreed between the parties, be used in the arbitration proceedings either at AMMAC or at the Permanent Court of Arbitration.

Article 3

AMMAC and the Permanent Court of Arbitration will co-operate to promote international commercial arbitration between the two countries and will exchange all necessary information and opinions conducive to the realisation of this Agreement.

Article 4

Believing that the bringing of their respective arbitration laws and rules into closer harmony will contribute to the further stability and development in economic transactions between the enterprises of the two countries, AMMAC and the Permanent Court of Arbitration will exert every effort to this end.

Article 5

This Agreement shall be called the "Mexico-Slovenia Arbitration Agreement".

Article 6

This Agreement is done in duplicate in English and Slovene and shall become effective on …………

For and behalf of THE MEXICAN ASSOCIATION OF COMMERCIAL MEDIATION AND ARBITRATION
 For and behalf of THE PERMANENT COURT OF ARBITRATION ATTACHED TO THE CHAMBER OF COMMERCE AND INDUSTRY
Eric Coufal,
President		 Prof. dr. Krešo Puharič,
President
Date: November 25, 1998  

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