10. Arbitration:

10.1 If the foreign investor, the concerned industry and the Department of industry fail to settle among them any dispute concerning foreign investment, it shall be settled by arbitration.

10.2 Arbitration shall be held according to the prevalent Arbitration rules of the United Nations Commission for International Trade Law (UNICITRAL).

10.3 The arbitration shall be held in Kathmandu.

10.4 Notwithstanding anything contained in sub-section 10.1, 10.2 and

10.3, disputes arising on a foreign investment with a specified investment may be settled as mentioned in foreign investment agreement.