Which of the following statement (s) is/are NOT correct in respect of International Commercial Arbitration?

In this arbitration at-least one of the disputing parties is a resident/body corporate of a country other than India. Arbitration with the government of a foreign country is considered to be an international commercial arbitration. This form of arbitration has been defined in the respective treaties between the Indian and foreign government. None of the above

This form of arbitration has been defined in the respective treaties between the Indian and foreign government.

International Commercial Arbitration - An arbitration in which at-least one of the disputing parties is a resident/body corporate of a country other than India. Arbitration with the government of a foreign country is also considered to be an international commercial arbitration. This form of arbitration has been defined specifically under section 2(1)(f) of the Arbitration and Conciliation Act, 1996.