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Part V The International Law of Foreign Investment, XXXV The International Centre for Settlement of Investment Disputes

From: Principles of International Economic Law (1st Edition)

Matthias Herdegen

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From: Oxford Public International Law (http://opil.ouplaw.com). (c) Oxford University Press, 2015. All Rights Reserved.date: 27 November 2020

Subject(s):
Investment — International organizations, practice and procedure
The International Centre for Settlement of Investment Disputes (ICSID) was established under the Convention on the Settlement of Investment Disputes between States and Nationals of Other States of 19651 to provide a reliable and effective mechanism for the settlement of investment disputes between a contracting State to the Convention and a national of another contracting State through conciliation and arbitration (Article 1(2) of the ICSID Convention).2 The ICSID is seated at the principal office of the World Bank in Washington, DC (Article 2). Over the last...
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