Common use of Settlement of Investment Disputes Clause in Contracts

Settlement of Investment Disputes. between a Contracting Party and an Investor of the other Contracting Party 1. Any dispute between a Contracting Party and an investor of the other Contracting Party including expropriation or nationalization of investments shall, as far as possible, be settled by the parties to the dispute in an amicable way. 2. The local remedies under the laws and regulations of one Contracting Party in the territory of which the investment has been made are available for investors of the other Contracting Party on the basis of treatment no less favourable than that accorded to investments of its own investors or investors of any other State, whichever is more favorable to investors. 3. If the dispute cannot be settled within six (6) months from the date on which the dispute has been raised by either party, it shall be submitted upon request of either of the parties to the International Center for Settlement of Investment Disputes (ICSID) established by the Washington Convention of 18 March 1965 on the Settlement of Investment Disputes between States and Nationals of other States, in the event the Republic of Tajikistan becomes a party to this Convention. Until that moment the dispute shall be submitted to conciliation or arbitration procedure to be mutually agreed upon on the basis of the Convention or Additional Facility. 4. The award made by ICSID shall be final and binding on the parties to the dispute. Each Contracting Party shall ensure the recognition and enforcement of the award in accordance with its relevant laws and regulations.

Settlement of Investment Disputes. between a Contracting Party and an Investor of the other Contracting Party (1. ) Any dispute between a Contracting Party and an investor of the other Contracting Party including expropriation or nationalization of investments shall, as far as possible, be settled by the parties to the dispute in an amicable way. (2. ) The local remedies under the laws and regulations of one Contracting Party in the territory of which the investment has been made made, are available for investors of the other Contracting Party on the basis of treatment no less favourable than that accorded to investments of its own investors or investors of any other third State, whichever is more favorable favourable to investors. (3. ) If the dispute cannot be settled within six (6six(6) months from the date on which the dispute has been raised by either partyParty, it shall be submitted upon request of either of the parties Parties to the International Center for Settlement of Investment Disputes (ICSID) established by the Washington Convention of 18 March 1965 on the Settlement of Investment Disputes between States and Nationals of other States, in the event the Lao People's Democratic Republic of Tajikistan becomes a party to this Convention. Until that moment moment, the dispute shall be submitted to conciliation or arbitration procedure to be mutually agreed upon on the basis of the Convention or ICSID Additional FacilityFacility Rules. (4. ) The award made by ICSID shall be final and binding on the parties Parties to the dispute. Each Contracting Party shall ensure the recognition and enforcement of the award in accordance with its relevant laws and regulations.

Settlement of Investment Disputes. between a Contracting Party and an Investor of the other Other Contracting Party (1. ) Any dispute between a Contracting Party and an investor of the other Contracting Party including expropriation or nationalization of investments shallrelating to an investment under this Agreement shall be settled amicably, as far as possible, be settled by the parties to the dispute in an amicable waythrough consultation and negotiation. (2. ) The local remedies under the laws and regulations of one Contracting Party in the territory of which the investment has been made are available for investors the investor of the other Contracting Party on the basis of treatment no not less favourable than that accorded to investments of its own investors or investors of any other third State, whichever is more favorable favourable to investorsthe investor. (3. ) If the dispute cannot thus be settled within six (6) months from the date on which the dispute has been raised by either party, it shall be submitted upon request of either of the parties investor or the Contracting Party to International Centre for the International Center for Settlement of Investment Disputes (ICSID) established by the Washington Convention of 18 March 1965 on the Settlement of Investment Disputes between States and Nationals of other StatesStates opened for signature in Washington on 18 March 1965, in the event the Socialist Republic of Tajikistan Vietnam becomes a party Party to this Convention. Until that moment the dispute shall be submitted to conciliation or arbitration procedure to be mutually agreed upon on the basis of the Convention or Additional FacilityWashington Convention. (4. ) The award made by ICSID shall be final and binding on for the parties to the dispute. Each ; each Contracting Party shall ensure the recognition and enforcement of the award in accordance with its relevant laws and regulations.

Settlement of Investment Disputes. between a Contracting Party and an Investor of the other Contracting Party (1. ) Any dispute between a Contracting Party and an investor of the other Contracting Party including expropriation or nationalization of investments shall, as far as possible, be settled by the parties to the dispute in an amicable way. (2. ) The local remedies under the laws and regulations of one Contracting Party in the territory of which the investment has been made are available for investors of the other Contracting Party on the basis of treatment no less favourable than that accorded to investments of its own investors or investors of any other third State, whichever is more favorable favourable to investors. (3. ) If the dispute cannot be settled within six (6six(6) months from the date on which the dispute has been raised by either party, it shall be submitted upon request of either of the parties parties, to the International Center for Settlement of Investment Disputes (ICSID) established by the Washington Convention of 18 March 1965 on the Settlement of Investment Disputes between States and Nationals of other States, States in the event the Republic Kingdom of Tajikistan Cambodia becomes a party to this Convention. Until that moment the dispute shall be submitted to conciliation or arbitration procedure to be mutually agreed upon on the basis of the Convention or Additional Facility. (4. ) The award made by ICSID shall be final and binding on the parties to the dispute. Each Contracting Party shall ensure the recognition and enforcement of the award in accordance with its relevant laws and regulations.

Settlement of Investment Disputes. between a Contracting Party and an Investor of the other Contracting Party (1. ) Any dispute between a Contracting Party and an investor of the other Contracting Party including expropriation or nationalization of investments shall, as far as possible, be settled by the parties to the dispute in an amicable way. (2. ) The local remedies under the laws and regulations of one Contracting Party in the territory of which the investment has been made are shall be available for investors of the other Contracting Party on the basis of treatment no less favourable than that accorded to investments of its own investors or investors of any other third State, whichever is more favorable favourable to investors. (3. ) If the dispute cannot be settled within six (6six(6) months from the date on which the dispute has been raised by either party, it shall be submitted upon request of either of the parties to the International Center Centre for Settlement of Investment Disputes (ICSID) established by the Washington Convention of 18 March 1965 on the Settlement of Investment Disputes between States and Nationals of other States, States (in the event the Republic of Tajikistan Nicaragua becomes a party to this Convention. Until that moment the dispute shall be submitted to conciliation or arbitration procedure to be mutually agreed upon on the basis of the Convention or Additional Facility). (4. ) The award made by ICSID shall be final and binding on the parties to the dispute. Each Contracting Party shall ensure the recognition and enforcement of the award in accordance with its relevant laws and regulations.

Settlement of Investment Disputes. between a Contracting Party and an Investor of the other Contracting Party (1. ) Any dispute between a Contracting Party and an investor of the other Contracting Party including expropriation or nationalization of investments shallrelating to an investment under this Agreement shall be settled amicably, as far as possible, be settled by the parties to the dispute in an amicable waythrough consultation and negotiation. (2. ) The local remedies under the laws and regulations of one Contracting Party in the territory of which the investment has been made are available for investors the investor of the other Contracting Party on the basis of treatment no not less favourable than that accorded to investments of its own investors or investors of any other third State, whichever is more favorable favourable to investorsthe investor. (3. ) If the dispute cannot thus be settled within six (6) months from the date on which the dispute has been raised by either party, it shall be submitted upon request of either of the parties investor or the Contracting Party to International Centre for the International Center for Settlement of Investment Disputes (ICSID) established by the Washington Convention of 18 March 1965 on the Settlement of Investment Disputes between States and Nationals of other StatesStates opened for signature in Washington on 18 March 1965, in the event the Socialist Republic of Tajikistan Vietnam becomes a party Party to this Convention. Until that moment the dispute shall be submitted to conciliation or arbitration procedure to be mutually agreed upon on the basis of the Convention or Additional FacilityWashington Convention. (4. ) The award made by ICSID shall be final and binding on for the parties to the dispute. Each ; each Contracting Party shall ensure the recognition and enforcement of the award in accordance with its relevant laws and regulations.

Settlement of Investment Disputes. between a Contracting Party and an Investor of the other Contracting Party 1. Any dispute between a Contracting Party and an investor of the other Contracting Party including expropriation or nationalization of investments shall, as far as possible, be settled by the parties to the dispute in an amicable way. 2. The local remedies under the laws and regulations of one Contracting Party in the territory of which the investment has been made are available for investors of the other Contracting Party on the basis of treatment no less favourable than that accorded to investments of its own investors or investors of any other third State, whichever is more favorable favourable to investors. 3. If the dispute cannot be settled within six (6) months from the date on which the dispute has been raised by either party, it shall be submitted upon request of either of the parties parties, to the International Center for Settlement of Investment Disputes (ICSID) established by the Washington Convention of 18 March 1965 on the Settlement of Investment Disputes between States and Nationals of other States, States in the event the Kyrgyz Republic of Tajikistan becomes a party to this Convention. Until that moment the dispute shall be submitted to conciliation or arbitration procedure to be the mutually agreed upon on the basis of the Convention or Additional Facility. 4. The award made by ICSID shall be final and binding on the parties to the dispute. Each Contracting Party shall ensure the recognition and enforcement of the award in accordance with its relevant laws and regulations.

Settlement of Investment Disputes. between a Contracting Party and an Investor of the other Other Contracting Party (1. ) Any dispute which may arise between a an investor of one Contracting Party and an investor of the other Contracting Party including expropriation or nationalization of investments shall, as far as possible, be settled by the parties to the dispute in an amicable way. (2. ) The local remedies under the laws and regulations of one Contracting Party in the territory of which the investment has been made are available for investors of the other Contracting Party on the basis of treatment no less favourable than that accorded to investments of its own investors or investors of any other third State, whichever is more favorable favourable to investors. (3. ) If the dispute cannot be settled within six (6six(6) months from the date on which the dispute has been raised by either party, it shall be submitted upon request of either of the parties parties, to the International Center Centre for Settlement of Investment Disputes (ICSIDDisputes(ICSID) established by the Washington Convention of 18 March 1965 on the Settlement of Investment Disputes between States and Nationals of other States, States in the event the Republic of Tajikistan Latvia becomes a party to this Convention. Until that moment the dispute shall be submitted to conciliation or arbitration procedure to be mutually agreed upon on the basis of the Convention or Additional Facility. (4. ) The award made by ICSID shall be final and binding on the parties to the dispute. Each Contracting Party shall ensure the recognition and enforcement enforce- ment of the award in accordance with its relevant laws and regulations.

Settlement of Investment Disputes. between a Contracting Party and an Investor of the other Contracting Party (1. ) Any dispute which may arise between a an investor of one Contracting Party and an investor of the other Contracting Party including expropriation or nationalization of investments shall, as far as possible, be settled by the parties to the dispute in an amicable way. (2. ) The local remedies under the laws and regulations of one Contracting Party in the territory of which the investment has been made are available for investors of the other Contracting Party on the basis of treatment no less favourable than that accorded to investments of its own investors or investors of any other third State, whichever is more favorable favourable to investors. (3. ) If the dispute cannot be settled within six (6six(6) months from the date on which the dispute has been raised by either party, it shall be submitted upon request of either of the parties parties, to the International Center Centre for Settlement of Investment Disputes (ICSIDDisputes(ICSID) established by the Washington Convention of 18 March 1965 on the Settlement of Investment Disputes between States and Nationals of other States, States in the event the Republic of Tajikistan Latvia becomes a party to this Convention. Until that moment the dispute shall be submitted to conciliation or arbitration procedure to be mutually agreed upon on the basis of the Convention or Additional Facility. (4. ) The award made by ICSID shall be final and binding on the parties to the dispute. Each Contracting Party shall ensure the recognition and enforcement of the award in accordance with its relevant laws and regulations.