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ARBITRAJE Y MEDIACION
Avenida del Doctor Arce 14, 28002 Madrid, SPAIN · sporazum* je bil sklenjen dne 26.3.2001 |
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AGREEMENT OF COOPERATION
IN THE FIELD OF INTERNATIONAL COMMERCIAL ARBITRATION BETWEEN ARBITRAJE Y MEDIACIÓN AND THE PERMANENT COURT OF ARBITRATION ATTACHED TO THE CHAMBER OF COMMERCE AND INDUSTRY OF SLOVENIA |
Arbitraje y Mediación, Grupo AryME, S.A. (referred to as "ARyME") 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 Spania and Slovenia, have agreed as follows:
Article 1
ARyME and the Permanent Court of Arbitration shall each recommend enterprises engaged in economic transactions between Spania 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 ARyME - 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 operating within the Kingdom of Spain, the arbitration shall be conducted by Arbitraje y Mediación (ARyME) in accordance with its Internatioal Arbitration Rules. 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 Arbitration 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 the ARyME or at the Permanent Court of Arbitration.
Article 3
ARyME 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, ARyME and the Permanent Court of Arbitration will exert every effort to this end.
Article 5
This Agreement shall be called the "ARyME-Slovenia Arbitration Agreement".
Article 6
This Agreement is done in duplicate in English and
shall become effective on April 1, 2001.
| For and behalf of ARBITRAJE
Y MEDIACIÓN (ARyME) |
For and behalf of THE PERMANENT
COURT OF ARBITRATION ATTACHED TO THE CHAMBER OF COMMERCE AND INDUSTRY |
| José Antonio García Alvaro President |
Prof. dr. Krešo Puharič President |
| Date: 26.03.2001 | Date: 20.03.2001 |
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