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Arbitration clause recommended by the Chamber of Commerce and Industry of Romania to be included in commercial contracts

 

Model

„Any dispute under or related to this agreement, including with respect to the execution, performance or termination hereof, shall be settled by means of arbitration, by the Court of International Commercial Arbitration of the Romanian Chamber of Commerce and Industry, in compliance with the Court Organization and operation rules, with the Court procedural rules, with art. 4 of the European Convention on International commercial arbitration, signed in Geneva, on April 21st, 1961."

 

  

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