"That pertains only to disputes between the CVG and KRY and does not include VZ. Furthermore the BIT agreement allows for no such clause to be allowed between Canada and VZ and the BIT superseeds any other agreement."
I agree with Rayzz that the BIT supercedes the clause in the MOC.
That is really the point of that section of the treaty -- to unambiguously assert the dominance of the treaty as law and prevent selective use. The superiority of the treaty over the contract is why Venezuela ALWAYS loses their preliminary argument on jurisdiction.