Features of arbitration clauses

Almost all permanent international arbitration institutions offer the arbitration clauses they recommend. They are detailed in relation to the arbitration rules that apply in the relevant arbitration institution.

Such clauses contain a basic set of rules that would make it possible to refer a dispute from an international contract to an arbitration institution. The model clauses can, and sometimes are desirable, be extended in relation to the specific relationship of the parties to an international contract.

Alexander Dolya
Attorney, LLM, FCIArb
Arbitration clause of Arbitration institute of the Stockholm Chamber of Commerce
«Any dispute, controversy or claim arising out of or in connection with this contract, or the breach, termination or invalidity thereof, shall be finally settled by arbitration in accordance with the Arbitration Rules of the Arbitration Institute of the Stockholm Chamber of Commerce.

The arbitral tribunal shall be composed of three arbitrators/a sole arbitrator.
The seat of arbitration shall be […].
The language to be used in the arbitral proceedings shall be […].
This contract shall be governed by the substantive law of […].»

Depending on the nature of the international contract, the clause may be extended by adding, for example, the following criteria applicable to arbitrators:
Nationality
Whether or not the arbitrators have the nationality of a State
centre of vital interests
The residence or place of work of the arbitrator for a specified period of time in a particular State or outside a particular State
science degree
In the field of science, which is related to the subject matter of the dispute.
Professional experience
Practical experience in a particular field
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