ABSTRACT

Article III Right of foreign nationals to be designated as arbitrators In arbitration covered by this Convention, foreign nationals may be designated as arbitrators.

Article IV Organization of the arbitration 1. The parties to an arbitration agreement shall be free to submit their disputes –

(a) to a permanent arbitral institution; in this case, the arbitration proceedings shall be held in conformity with the rules of the said institution;

(b) to an ad hoc arbitral procedure; in this case, they shall be free inter alia:

(i) to appoint arbitrators or to establish means for their appointment in the event of an actual dispute;

(ii) to determine the place of arbitration; and (iii) to lay down the procedure to be followed by the arbitrators.