Baker / Davis, The UNCITRAL Arbitration Rules in Practice, 1992, at 115 et seq.

The Tribunal did adopt one clear rule of exclusion. It refused to consider a party’s settlement proposals as evidence against that party... It is generally, and wisely accepted that views, admissions, and proposals made by one party during settlement negotiations may not be used as evidence by the other party in later judicial or arbitral proceedings.

Referring Principles
Trans-Lex Principle: XII.5 - Settlement Privilege
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