An arbitration or conciliation agreement is international if any of the following applies:
The parties to an arbitration or conciliation agreement have, at the time of the conclusion of that agreement, their places of business in different countries.
One of the following places is situated outside the country in which the parties have their places of business:
The place of arbitration or conciliation if determined in, or pursuant to, the arbitration or conciliation agreement.
Any place where a substantial part of the obligations of the commercial relationship is to be performed.
The place with which the subject matter of the dispute is most closely connected.
The parties have expressly agreed that the subject matter of the arbitration or conciliation agreement relates to commercial interests in more than one country.
The subject matter of the arbitration or conciliation agreement is otherwise related to commercial interests in more than one country.
For the purposes of subsection (3) of this section:
If a party has more than one place of business, the place of business is that which has the closest relationship to the arbitration or conciliation agreement; or
If a party does not have a place of business, reference is to be made to the habitual residence of the party.
If a written agreement to submit an existing controversy to arbitration or a provision in a written contract to submit to arbitration a controversy thereafter arising between the parties qualifies for arbitration pursuant to this section, that written agreement or provision shall be valid, enforceable and irrevocable, save on such grounds as exist at law or in equity for the revocation of any contract.