If any dispute arises between the industries, such dispute shall be resolved by the parties concerned through mutual discussion in the office of the department. The dispute will be settled by arbitration according to the prevailing arbitration rules of the Commission (UNCITRAL).

(3) The arbitration will be held in Kathmandu. The law of Nepal shall be applicable in the arbitration.

(4) Regardless of what is written in sub-section (1), (2) and (3), the settlement of disputes arising in relation to foreign investment in the specified industries shall be as mentioned in the foreign investment agreement. It can be done.