ARTICLE 13. DISPUTE RESOLUTION 13.1. If there is any dispute between the Buyer and the Seller arising from or related to the Contract, the two parties will negotiate and negotiate in a spirit of cooperation. 13.2. If the Buyer or Seller considers that there is no possibility of the dispute being resolved under Clause 12.1 of this Article, the dispute will be resolved by international arbitration in Singapore (SIAC). All costs of such arbitration (including, without limitation, any reasonable attorney's fees) shall be borne by the losing Party. The panel will consist of three arbitrators. The language of arbitration will be English. The award rendered by the arbitrator shall be final and binding on both Parties.
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