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Nr. I Overeenkomst tussen het Koninkrijk der Nederlanden en de Jemenitische Arabische Republiek inzake de bevordering en wederzijdse bescherming van investeringen

MINISTERIE VAN BUITENLANDSE ZAKEN

Excellency,

With reference to the Agreement on encouragement and reciprocal protection of investments, signed today, I have the honour to inform you as follows:

Article 9 of the Agreement provides for a procedure for the settlement of disputes between a national of the one State, and the other State, arising directly out of an investment.

However, in the framework of contracts between nationals of the one State and the other State or a constituent subdivision or agency of that State, disputes may arise which are not within the jurisdiction of the Centre referred to in the said Article because they do not arise directly out of an investment.

With a view thereto I have the honour to propose on behalf of my Government that such disputes, at the request of the nationals concerned in the absence of any other procedure agreed upon in the said contracts, shall be referred to an international court of arbitration which shall be established under the arbitration rules of the International Chamber of Commerce.

I would very much appreciate to learn whether this proposal is acceptable to your Government.

Please accept, Excellency, the assurance of my highest consideration.

(sd.) R. F. M. LUBBERS

R. F. M. Lubbers

Minister for Foreign Affairs a.i.

of the Kingdom of the

Netherlands

To His Excellency

Mr. M. A. Al-Gunaid

Minister of Development of

the Yemen Arab Republic

Regeling
Overeenkomst tussen het Koninkrijk der Nederlanden en de Jemenitische Arabische Republiek inzake de bevordering en wederzijdse bescherming van investeringen
Soort
Verdrag
Geldend vanaf
01-09-1986
BWB-id
BWBV0002337
Versie
1986-09-01_0

In de hele regeling · Officiële tekst op wetten.overheid.nl