The International Centre for Settlement of Investment Disputes (ICSID) was established under the 1965 Convention on the Settlement of Investment Disputes between States and Nationals of Other States.1 Provision for ICSID arbitration of foreign investment disputes is now frequently included in bilateral investment treaties, foreign investment laws, and investment agreements. In addition to its regular arbitration procedures, ICSID has also established an Additional Facility for the administration of arbitrations in which the parties do not fulfil the normal...
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