X. PLACE OF PROCEEDINGS

Under Articles 62 and 63 of the Convention, proceedings may be held at:

a) the seat of the Centre (in Washington, D.C.);

b) the seat of any institution with which the Centre has made the necessary arrangements (Article 63(a) of the Convention singles out the Permanent Court of Arbitration at The Hague as an example of such an institution 16); or

c) any other place agreed by the parties (in which case Article 63(b) of the Convention requires that the venue also be approved by the Tribunal after consultation with the Secretary-General).

If the parties wish to address this matter in advance, they may do so by means of a clause such as the one below, bearing in mind the fact that the designation of a place of proceedings will if it falls under Article 63(b) of the Convention be subject to the approval of the Tribunal after consultation with the Secretary-General.

Clause 19

The parties hereto hereby agree that any arbitration proceeding conducted pursuant to this agreement shall be held at/in name of institution or place.




16 - Other such institutions include the Asian-African Legal Consultative Committee's Regional Centres for Commercial Arbitration at Cairo and Kuala Lumpur.



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