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Model Settlement-Arbitration Clause


 

Both parties agree that any party may submit the settlement agreement to the South China International Economic and Trade Arbitration Commission and request for rendering an arbitral award in accordance with the terms of the settlement agreement pursuant to the Arbitration Rules. The arbitral award is final and binding upon both parties.

 

Note:

The SCIA has established an ADR (“Alternative Dispute Resolution”) cooperation platform with various organizations, such as: the China Import and Export Fair, the China International High-Tech Fair, the Guangdong Federation of Industry & Commerce Mediation Center, the Shenzhen Association of Enterprises with Foreign Investment (“SZAEFI”) Mediation Commission, the Shenzhen General Chamber of Commerce Mediation Center, and the Hong Kong Chinese Enterprises Association Commercial Mediation Commission. The parties may choose these organizations for mediation and combine  mediation with arbitration service in the SCIA.

 

 

South China International Economic and Trade Arbitration Commission/Shenzhen Court of International Arbitration

Add.: Qianhai Shenzhen-Hongkong Modern Service Industry Cooperation Zone, Shenzhen 518026, P.R.China

Tel+86-755-83501700

Fax: +86-755-82468573

E-mail: info@scia.com.cn

Website: www.scia.com.cn

 

 

 






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