In international trade disputes, settlement of the dispute between the parties oftenchoose arbitration, the China international economic and Trade Arbitration Commission (China International Economic and Trade Arbitration Commission) is an internationally renowned credibility and strong arbitration institution, the lawyer suggested both sides chose the Agency as an arbitration institution at that time.
Or after a dispute has arisen in the trade contract, recommended the following terms:
Arising from this contract or any dispute relating to this contract, if no agreement,shall be submitted to China international economic and Trade Arbitration Commission, Shenzhen branch. According to the time of applying for arbitration the arbitration rules of arbitration in force at that time. The arbitration award is final and binding on both.
Any dispute arising from or in connection with this Contract shall be submitted to China International Economic and Trade Arbitration Commission for arbitration which shall be trialed in Nanjing and 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.