Model Arbitration Clause

"Any dispute arising from or in connection with this contract shall be submitted to China International Economic and Trade Arbitration Commission (CIETAC) Hong Kong Arbitration Center for arbitration which shall be conducted in accordance with the CIETAC’s arbitration rules in effect at the time of applying for arbitration. The arbitral award is final and binding upon both parties."

Optional Arbitration Clauses for Reference

 1. The seat of arbitration shall be … (Hong Kong).

 2. The venue for oral hearing shall be … (insert a place, for example, Hong Kong, Beijing, Tokyo, etc.).*

 3. The number of arbitrators shall be ... (one or three).

 4. The arbitration proceedings shall be conducted in ... (insert language, for example, Chinese, English, etc.).

*To find out more regarding the differences between seat of arbitration and the venue of hearing for arbitration, please contact: +852 2529 8066