International Arbitration
• Article 21A of the Standard Contract Document deals with International Arbitration or arbitration with foreign vendors.
• 3rd arbitrator is/ has to be appointed mutually but such person should not belong to either of the countries and should be appointed from a mutually accepted territory.
• In case of failure to agree on any name, 3rd arbitrator has to be appointed by ICA or ICADR. However, in case of disagreement, 3rd arbitrator may be nominated by ICC, Paris after consultation with both parties.

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