Artikel 15

1. Any dispute between the Contracting Parties relating to the interpretation or the application of the present Agreement, that cannot be settled by direct negotiations or through diplomatic channels, shall, at the request of one of the Contracting Parties, be submitted to a board of arbitration composed of three members.
2. For this purpose each of the Contracting Parties shall nominate an arbitrator and the two arbitrators shall nominate by common consent a third arbitrator, who must be a national of a third State, as Chairman. If within a period of sixty (60) days from the day on which one of the Contracting Parties nominated an arbitrator the other Contracting Party has not nominated its own arbitrator, or if during the sixty days following the nomination of the second arbitrator, the arbitrators so nominated have not reached agreement on the choice of the Chairman, each Contracting Party may request the President of the Council of the International Civil Aviation Organization to make the necessary nominations.
3. The board of arbitration shall determine its own procedure and the place where it shall sit.
4. The Contracting Parties undertake to comply with any decision delivered in accordance with this Article.
5. If one of the Contracting Parties does not comply with the decision of the arbitrators, the other Contracting Party shall be able, as long as the failure to comply lasts, to limit, suspend or revoke the rights or privileges that it granted, by virtue of the present Agreement, to the Contracting Party in default.
6. Each Contracting Party shall provide the remuneration of its arbitrator and one-half the remuneration of the designated Chairman.