Extract to table

The purpose of this Notice is to trigger the six-month cooling-off period prescribed by Article 8 of the Treaty, during which the parties shall endeavour to resolve the Dispute through amicable consultation and negotiation

Article 8 of the UK-Valderia BIT provides that, where a dispute arises between an investor of one Contracting Party and the other Contracting Party in connection with an investment, the parties to the dispute shall first seek to resolve the dispute amicably through consultation and negotiation

The Treaty prescribes a six-month period from the date of written notice of the dispute within which the parties shall endeavour to reach an amicable resolution