The second, between the government of Canada and the government of Armenia for the promotion and protection of investments, which has been in force since March 29, 1999. READ: Lydian says no link found between Armenia gold project and spa groundwater "Under the UK BIT, Lydian UK may submit the dispute to international arbitration three months after such formal notification, and under the Canada BIT, Lydian Canada can do so after six months. In the meantime, the Government of Armenia has an opportunity to continue amicable discussions with Lydian with a view to the prompt settlement of the disputes," said the company in a statement.