The Litigation Committee for Fuel and Energy operates in the areas of extraction, processing, production, supply and other civilian circulation of fuel and non-fuel energy resources, production, sale (supply) of equipment, as well as in the chemical and petrochemical industries.
To ensure that any potential future controversies are arbitrated before the International Court of Arbitration ICSNGD, any contractual agreement between the parties should contain an arbitration provision reflecting the parties’ agreement to resolve any disputes via the International Court of Arbitration ICSNGD. Alternatively, subsequent to the execution of the contractual agreement, the parties should include an addendum or an amendment to the contractual agreement, specifically requiring that any disputes be resolved via arbitration before the International Court of Arbitration ICSNGD.
INTERNATIONAL COURT OF ARBITRATION ICSNGD CLAUSE
All the disputes which have arisen during execution of the true contract or in connection with it, and also connected with its infringement, the termination or invalidity are a subject to the final sanction in the Credit and Financial Litigation Committee of the "International Court of Arbitration ICSNGD" at the INTERNATIONAL COMMITTEE FOR SETTLEMENT OF NON-GOVERNMENTAL DISPUTES of according to its Rules. (4519 NE 3 RD LN, RENTON, WA 98059-5097, USA)