Any dispate arising in connection with this Agreement which cannot be settled by negotiation between the parties or their representatives including any question regarding its existence, validity or termination shall be referred to and finally resolved by arbitration in the Union of Myanmar in accordance with the Arbitration Rules of the Myanmar International Law for the time being in force, which rules are deemed to be incorporated by reference in this clause. The Tribunal shall consist of (1) arbitrator to be appointed by the Chairman of the Myanmar International Law.