- 1
- If any dispute arises between the Contracting Parties relating to the interpretation or application of the present Agreement, the Contracting Parties shall in the first place endeavour to settle it by negotiation.
- 2
- If the Contracting Parties fail to reach a settlement by negotiation, the dispute may, at the request of either Contracting Party, be submitted for decision to a tribunal of three arbitrators, one to be nominated by each Contracting Party and the third to be agreed upon by the two arbitrators so chosen, provided that the third arbitrator shall not be a national of either Contracting Party. The third arbitrator shall act as President of the arbitral tribunal. Each of the Contracting Parties shall designate an arbitrator within a period of sixty (60) days from the date of receipt by either Contracting Party from the other Contracting Party of a diplomatic note requesting arbitration of the dispute and the third arbitrator shall be agreed upon within a further period of sixty (60) days. If either Contracting Party fails to designate its own arbitrator within the period of sixty (60) days, or if the third arbitrator is not agreed upon within the period indicated, the President of the Council of the International Civil Aviation Organization may, at request of either Contracting Party, appoint an arbitrator or arbitrators as the case requires.
- 3
- The Contracting Parties undertake to comply with any decision given under paragraph 2 of this Article.
- 4
- The expenses of the national arbitrators shall be borne by the respective Contracting Parties. All other expenses of the arbitral tribunal, including the fees and expenses of the third arbitrators shall be shared equally.