Model Mediation and Arbitration Clause:
Any dispute arising from this Contract shall be submitted to CCPIT(CCOIC)Zhejiang Conciliation Center for mediation. If failing to reach an amicable settlement agreement, both parties shall apply to China International Economic and Trade Arbitration Commission for arbitration which shall be conducted in accordance with the Commission’s arbitration rules in effect at the time of applying for arbitration. The arbitral award is final and binding upon both parties.
Zhejiang Mediation Center
Tel:+86-571-852811951
Fax:+86-571-85811923
Zhejiang Office of China International Economic and Trade Arbitration Commission
Tel:+86-571-85811950
Fax:+86-571-85811957
Address:2F, No.470 Yanan Road, Hangzhou, zhejiang, china 310006 |