Arbitration
Clauses
General rules
All disputes arising out of or in connection with the present contract shall be finally
resolved under the Arbitration Rules of Arbitration and Mediation Center of Armenia (AMCA). The dispute shall be resolved by [parties to choose a sole arbitrator or three arbitrators]. The seat of arbitration shall be Yerevan (Armenia) [parties can choose other seat] and the language of arbitration shall be English [parties can choose other language]. The law governing the dispute shall be Armenian law (parties can choose other law]
SMALL CLAIMS ARBITRATION RULES
These Rules apply to arbitration proceedings conducted by the AMCA in cases where the claim amount arising from contracts concluded between legal entities licensed by the Central Bank of the Republic of Armenia, legal entities engaged in regulated activities in the fields of energy (electricity, thermal energy, gas supply), water, and telecommunications (electronic communications) and clients does not exceed five million Armenian drams (AMD).
All disputes arising out of or in connection with the present contract shall be resolved under the Small Claims Arbitration Rules of the ARBITRATION AND MEDIATION CENTER OF ARMENIA (AMCA). The dispute shall be resolved by an arbitral tribunal composed of a sole arbitrator. The seat of arbitration shall be Yerevan (Armenia), and the language of arbitration shall be Armenian. The dispute shall be governed by the laws of the Republic of Armenia.
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