The London Court of International Arbitration is an independent forum, so that's one benefit. It is a well-established and highly respected arbitration court. Its rules are highly established and well-respected, so we thought it was best to go under those rules. There are arbitration rules that govern the process, and countries can modify those rules if they want to. So any dispute goes through that arbitration process--panel selection, any of those rules are governed under this dispute settlement system. We have adopted their rules with some modifications.
On October 3rd, 2006. See this statement in context.