- For the purposes of constituting the arbitral tribunal referred to in Article 206, the Secretary-General shall establish and maintain a List of Arbitrators comprising persons chosen strictly on the basis of impartiality, reliability and sound judgment and who shall:
(a) have expertise or experience in law, international trade, other matters covered by this Treaty, or the settlement of disputes arising under international trade agreements;
(b) be independent of, and not be affiliated with or take instructions from any Member State; and
(c) comply with the Code of Judicial Conduct governing the behaviour of judges of the Court.
- The term of an arbitrator, including that of any arbitrator nominated to fill a vacancy, shall be five years and may be renewed.