Model Clause: Conciliation and Arbitration Centre of the Chamber of Commerce, Industries and Agriculture of Panama

Panama Conciliation and Arbitration Centre 

ARBITRATION CLAUSE 

"Any controversy or dispute which arises out of or is related to this 

contract, and interpretation, application, performance an termination 

thereof, must be decided by Arbitration, following an attempt at 

Conciliation, administered by Panama Conciliation and Arbitration Centre 

in accordance with its procedural rules".