ARTICLE 24
SETTLEMENT OF DISPUTES
1.
State Parties shall use their best endeavours, through co-operation and
consultation, to achieve consensus in the interpretation, application and
implementation of this Protocol.
2.
Where State Parties are unable to achieve consensus in the
interpretation, application and implementation of any Article of this
Protocol, as contemplated in paragraph 1 , and:
3.
(a)
the Annex relating to such Article contains provisions which deal
with disputes or differences arising in relation to such Article,
such provisions shall be applied in respect of the dispute or
difference relating to such Article;
(b)
the Annex relating to such Article does not contain provisions
which deal with disputes or differences arising in relation to such
Article, the State Parties which are parties to the dispute or
difference relating to such Article will use their best endeavours
to settle such dispute or difference through negotiations in good
faith.
State Parties agree that if, in relation to a dispute or difference
contemplated in paragraph 2 (b) the State Parties which are parties to
such dispute or difference are unable to settle such dispute or
difference through negotiation within three months from the time the
disputes or differences arose, such dispute or difference shall be
referred to the Tribunal for adjudication.
ARTICLE 25
GENERAL UNDERTAKING
1.
State Parties shall take such appropriate measures as are necessary to
ensure that their respective obligations arising from this Protocol are
fulfilled.
2.
State Parties shall co-operate with each other in addressing any
impediments that may arise as a result of any action, or lack of action,
by any State Party on issues having a material bearing on those
finance and investment matters which are not covered in this Protocol.
ARTICLE 26
AMENDMENTS
1.
Any State Party may propose amendments to this Protocol.
2.
Proposals for amendments to this Protocol shall be made to the
Executive Secretary who shall duly notify all Member States of the
proposed amendments at least thirty (30) days in advance of
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