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NEWSLETTER 2013

176

giving rise to the claims and the basis upon which the claims

are made;

(iv) A statement of the relief sought, together with the amounts of

any quantified claims and, to the extent possible, an estimate of

the monetary value of other claims;

(v) Any relevant agreements, and in particular, the arbitration

agreement;

(vi) In case claims are made under more than one arbitration

agreement, a specification of the arbitration agreement under

which each claim is made;

(vii) All necessary information and opinion or proposals regarding

the number of arbitrators and their election in compliance with

the provisions of Articles 12 and 13 and any nomination of an

arbitrator required thereby; and

(viii) The place of arbitration, the applicable law and the language of

arbitration.

Payment of the Costs

In accordance with Art. 4(4) of the Rules, the claimant shall pay the

filing fee in force on the date the request is submitted. The relevant costs and

the ICC’s cost system are regulated under Articles 36 and 37 of the Rules,

as well as by Appendix III. Pursuant to Art. 37 of the Rules, the costs of

arbitration shall include the fees and the expenses of the arbitrators, ICC’s

administrative expenses, the expenses incurred for the experts referred to

when required, witnesses, discoveries, legal opinion etc. and the reasonable

legal or other expenses incurred by the parties for the arbitration.

Exchange of Pleadings

In accordance with Art. 4(5), the request for arbitration shall be

transmitted to the respondent for his answer, as soon as a sufficient

number of copies has been procured pursuant to Art. 3(1) of the Rules,

and the required advance cost has been paid to the secretariat.

The issues regarding the respondent’s answer are regulated under Art.

5 of the Rules. Pursuant to said article, the respondent shall submit his

answer within 30 days following the receipt of the request. The secretariat