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Note: Lenders generally do not accept اﻟﻤﻘﺮﺿﻮن ﻋﺎدة ﻻ ﯾﻘﺒﻠﻮن إﺗﻔﺎﻗﺎت اﻟﻘﺒﻮل اﻟﺘﻲ:ﻣﻼﺣﻈﺔ
consent agreements governed by the laws of ﺗﺨﻀﻊ ﻟﻘﻮاﻧﯿﻦ اﻟﺪوﻟﺔ اﻟﻤﻀﯿﻔﺔ ﺑﺴﺒﺐ دواﻋﻲ اﻟﻘﻠﻖ ﻣﻦ
the host country due to concerns of وﻻﺳﯿﻤﺎ ﻓﻲ اﻟﻨﺰاﻋﺎت اﻟﺘﻲ ﺗﺸﻤﻞ اﻟﺠﮭﺎت،اﻟﺤﯿﺎد
neutrality, especially with disputes that
involve governmental entities. .اﻟﺤﻜﻮﻣﯿﺔ
SECTION 26. CHOICE OF LAW AND اﺧﺘﯿﺎر اﻟﻘﺎﻧﻮن وﺣﻞ اﻟﻨﺰاع.26 اﻟﻘﺴﻢ
DISPUTE RESOLUTION
اﻟﻘﺎﻋﺪة اﻟﻌﺎﻣﺔ ﻓﻲ اﻟﻨﻈﺎم اﻟﻘﺎﻧﻮﻧﻲ اﻟﻌﺮاﻗﻲ ھﻰ أن اﻟﻘﺎﻧﻮن
Under the Iraqi legal system, the general rule اﻻ إذا اﺗﻔﻖ،اﻟﺬي ﯾﺤﻜﻢ اﻟﻌﻘﺪ ھﻮ ﻗﺎﻧﻮن ﻣﺤﻞ اﺑﺮام اﻟﻌﻘﺪ
is that the law governing the contract is the وﯾﺠﺐ اﻟﺘﻤﯿﯿﺰ ﺑﯿﻦ اﻟﻘﺎﻧﻮن اﻟﺬي ﯾﺴﺮي.ﻋﻠﻰ ﺧﻼف ذﻟﻚ
one in place on the date the contract is ﻋﻠﻰ اﻟﻌﻘﺪ وﺑﯿﻦ اﻟﻘﺎﻧﻮن اﻟﺬي ﯾﻄﺒﻖ ﻓﻲ ﺣﺎﻟﺔ اﻟﻠﺠﻮء إﻟﻰ
signed, unless otherwise agreed upon. A
distinction must be made between the law . أي اﻟﻘﺎﻧﻮن اﻟﺬي ﯾﺤﻜﻢ إﺟﺮاءات اﻟﺘﺤﻜﯿﻢ،اﻟﺘﺤﻜﯿﻢ
that is in effect over the contract and the law
applied in the event of arbitration, i.e., the ﺣﻞ اﻟﻨﺰاع ﯾﻘﺪم ﻟﻸطﺮاف وﺳﯿﻠﺔ ﺑﺪﯾﻠﺔ ﻟﻨﻈﺎم اﻟﻤﺤﺎﻛﻢ
law governing arbitration procedures. وﺗﺸﻤﻞ ھﺬه اﻵﻟﯿﺎت.اﻟﻤﺤﻠﯿﺔ ﻟﺤﻞ ﻧﺰاع ﻧﺸﺄ ﻋﻦ اﻟﻌﻘﺪ
وﯾﻔ ّﻀﻞ اﻟﻤﺴﺘﺜﻤﺮون ھﺬه اﻟﻮﺳﯿﻠﺔ.اﻟﻮﺳﺎطﺔ واﻟﺘﺤﻜﯿﻢ
Dispute resolution provides the parties an
alternative forum to the local court system ﻟﺤﯿﺎدھﺎ ووﺿﻮﺣﮭﺎ اﻟﻘﺎﻧﻮﻧﻲ وﻛﻔﺎءﺗﮭﺎ
for resolving disputes that arise from the
contract. Such mechanisms include اﻟﻨﺼﻮص اﻟﻤﻨﻈﻤﺔ ﻟﺸﺮط اﻟﺘﺤﻜﯿﻢ ھﻰ ﻣﻦ اﻟﻨﺼﻮص
mediation and arbitration. Investors prefer اﻟﺠﻮھﺮﯾﺔ اﻟﺘﻲ ﺗﺘﻄﻠﺐ ﻣﻦ اﻟﻘﺎﺋﻤﯿﻦ ﻋﻠﻰ ﺻﯿﺎﻏﺘﮭﺎ ﺑﺬل
this forum for neutrality, legal certainty, and اﻟﻌﻨﺎﯾﺔ اﻟﻔﺎﺋﻘﺔ ﻟﺘﻐﻄﯿﺔ ﺟﻤﯿﻊ ﺟﻮاﻧﺒﮭﺎ ﻣﻦ ﺣﯿﺚ آﻟﯿﺔ اﻟﺘﺤﻜﯿﻢ
efficiency.
.وﺷﺮوطﮫ واﻟﻘﺎﻧﻮن اﻟﻮاﺟﺐ اﻟﺘﻄﺒﯿﻖ وﻣﻜﺎن اﻟﺘﺤﻜﯿﻢ
Provisions on the requirements of arbitration
are among the fundamental provisions that اﻟﺘﻨﺎزل ﻋﻦ اﻟﺤﺼﺎﻧﺔ اﻟﻘﻀﺎﺋﯿﺔ.29 اﻟﻘﺴﻢ
require drafters to make the utmost effort to
cover all of the relevant aspects, in terms of ﯾﺘﻨﺎزل اﻟﻄﺮف اﻷول ﻋﻦ أي ﺣﻖ ﻟﺪﯾﮫ ﻓﻲ اﻟﺘﻤﺘﻊ ﺑﺎﻟﺤﺼﺎﻧﺔ
the mechanism and conditions for وﯾﻤﻨﺢ ذﻟﻚ.ﻣﻦ أي إﺟﺮاءات ﻗﺎﻧﻮﻧﯿﺔ ﺗُﺮﻓﻊ ﺿﺪه
arbitration, the law that must be applied and ﻟﻠﻤﺴﺘﺜﻤﺮﯾﻦ اﻟﻀﻤﺎﻧﺔ ﺑﺄن ﻟﮭﻢ اﻟﺤﻖ ﺑﺮﻓﻊ ﻣﻄﺎﻟﺒﺎﺗﮭﻢ
the arbitration location. ً وﯾُﻌﺘﺒﺮ ذﻟﻚ إﺟﺮاءاً ﻗﺎﻧﻮﻧﯿﺎ.اﻟﻘﺎﻧﻮﻧﯿﺔ ﺿﺪ أي ﺟﮭﺔ ﺣﻜﻮﻣﯿﺔ
SECTION 29. JUDICIAL IMMUNITY .ﻣﻌﯿﺎرﯾﺎً ﻓﻲ اﻟﺘﻌﺎﻗﺪات اﻟﺪوﻟﯿﺔ وﯾﺠﯿﺰه اﻟﻘﺎﻧﻮن اﻟﻌﺮاﻗﻲ
WAIVER
The First Party waives any right it might
have to claim immunity from any legal
proceedings brought against it. This provides
investors with assurance that they can
legally claim their rights against any
government entity. This is standard legal
practice in international contracts and is
permissible under Iraqi Law.
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