This proceeding involves a challenge by the Petitioner, the United Mexican States, (“Mexico”) of an arbitration award (the “Award”) issued on August 30, 2000 by a tribunal (the “Tribunal”) constituted under Chapter 11 of the North American Free Trade Agreement (”NAFTA”) between the United States of America, Mexico and Canada (the “Parties” or the “NAFTA Parties”). In the Award, the Tribunal granted damages in the amount of $16,685,000 (U.S.) against Mexico in favour of the Respondent, Metalclad Corporation (“Metalclad”), an American corporation established under the laws of the State of Delaware. Mexico seeks to set aside the Award. The matter comes before this Court because the place of the arbitration was designated to be Vancouver, B.C.