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Fábrica de Vidrios Los Andes CA and Owens-Illinois de Venezuela CA v Venezuela, Award, ICSID Case No ARB/12/21, IIC 1270 (2017), despatched 13th November 2017, World Bank; International Centre for Settlement of Investment Disputes [ICSID]

Fábrica de Vidrios Los Andes CA and Owens-Illinois de Venezuela CA v Venezuela, Award, ICSID Case No ARB/12/21, IIC 1270 (2017), despatched 13th November 2017, World Bank; International Centre for Settlement of Investment Disputes [ICSID]

1. This case concerns a dispute submitted to the International Centre for Settlement of Investment Disputes (“ICSID” or the “Centre”) on the basis of the Agreement on Encouragement and Reciprocal Protection of Investments between the Kingdom of the Netherlands and the Bolivarian Republic of Venezuela dated October 22, 1991, which entered into force on November 1, 1993 (the “Agreement” or the “BIT”), and the Convention on the Settlement of Investment Disputes between States and Nationals of Other States dated March 18, 1965, which entered into force on October 14,...
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