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(ii) restitution of property, in which case the award shall provide that<br />

the disputing Party may pay monetary damages and any<br />

applicable interest in lieu of restitution.<br />

24. The award rendered in accordance with paragraph 23 shall be final and<br />

binding upon the disputing parties. The disputing Party shall execute without delay<br />

any such award and provide in the disputing Party for the enforcement of such award<br />

in accordance with its relevant laws and regulations.<br />

Costs<br />

25. Costs may also be awarded in accordance with the applicable arbitration<br />

rules.<br />

26. Neither Party shall, in respect of a dispute which one of its investors shall<br />

have submitted to arbitration in accordance with paragraph 8, give diplomatic<br />

protection, or bring an international claim before another forum, unless the other<br />

party shall have failed to abide by and comply with the award in such dispute.<br />

Diplomatic protection, for the purposes of this paragraph, shall not include informal<br />

diplomatic exchanges for the sole purpose of facilitating a settlement of the dispute.<br />

Article 10.15<br />

Other Obligations<br />

If the legislation of either Party or international obligations existing at present<br />

or established hereafter <strong>between</strong> the Parties in addition to this Agreement, result in a<br />

position entitling investments by investors of the other Party to treatment more<br />

favourable than is provided for by this Agreement, such position shall not be affected<br />

by this Agreement.<br />

Article 10.16<br />

Duration and Termination<br />

In the event that this Agreement is terminated, the provisions of this Chapter,<br />

the provisions in Chapter 14 (Dispute Settlement), and other provisions in the<br />

Agreement necessary for or consequential to the application of this Chapter, except<br />

Articles 10.4 (National Treatment), and 10.12 (Reservations), shall continue in effect<br />

with respect to investments made or acquired before the date of termination of this<br />

Agreement for a further period of ten years after the date of termination and without<br />

prejudice to the application thereafter of the rules of general international law.<br />

Article 10.17<br />

Work Programme<br />

1. The Parties shall enter into negotiations on Schedules of Reservations in<br />

Annexes 10-2 and 10-3 within three months of entry into force of this Agreement,<br />

unless the Parties otherwise agree.<br />

2. The Parties shall conclude the negotiations referred to in paragraph 1, no later<br />

than six months from the date of entry into force of this Agreement, unless the<br />

79

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