Washington convention icsid pdf

The icsid convention is a treaty ratified by 154 contracting states. Treaty, and the convention on the settlement of investment disputes between states and nationals of other states, which entered into force on october 14, 1966 icsid convention. International centre for settlement of investment disputes icsid is an international arbitration institution established in 1966 for legal dispute resolution and conciliation between international investors. Article 6 of the icsid convention requires the administrative council of icsid to adopt rules of procedure for arbitration and conciliation and for the administrative and financial.

The official languages of the icsid convention are english, french and spanish only. Bank for reconstruction and development, submitted. This list contains links to translations of the text of the icsid convention in various other languages. It shall also be open for signature on behalf of any other state which is a party to the statute of the international court of justice and which the administrative council, by a vote of twothirds of its members, shall have invited to sign the convention. Report of the executive directors of the international bank for reconstruction and development on the convention on the. The icsid convention icsid world arbitration reporter second edition. A commentary find, read and cite all the research you need on researchgate. Before the first session, china filed respondents objection pursuant to icsid. Article 6 of the icsid convention requires the administrative council of icsid to adopt rules of procedure for. Convention on the settlement of investment disputes. The icsid is part of and funded by the world bank group, headquartered in washington, d. The purpose of the icsid convention, as expressed in its preamble, is to stimulate economic development through the promotion of private international.

The convention established the icsid would become officially active on 14. Convention on the settlement of investment disputes between states and nationals of other states international centre for settlement of investment disputes submitted to governments by the executive directors of the international bank for reconstruction and development, submitted. Icsid convention, regulations and rules international centre for settlement of investment disputes 1818 h street, n. It entered into force on october 14, 1966, 30 days after ratification by the first 20 states. States and nationals of other states the icsid convention of. Icsid was created through the convention on the settlement of investment disputes between. This convention shall be open for signature on behalf of states members of the bank. Convention on the settlement of investment disputes between states and nationals of other states.