International Centre for Settlement of Investment Disputes

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International Centre for Settlement of Investment Disputes

Also called ICSID. An organization under the World Bank Group that serves as an arbitration board for disputes involving investment treaties. That is, when member countries disagree on the interpretation of an investment treaty applying to both of them, they may refer the matter to ICSID. More than 150 countries belong to ICSID. It was established in 1966 and is based in Washington, D.C.
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It is being conducted under the auspices of the International Centre for the Settlement of Investment Disputes (ICSID), part of the World Bank and headquartered in Washington, D.
Egypt was fined $300m during a land dispute tried at the International Centre for the Settlement of Investment Disputes of the World Bank.
In May 2012, Vattenfall filed a request for international arbitration against Germany at the International Centre for the Settlement of Investment Disputes (ICSID, created under the auspices of the World Bank).
Damac Properties is going to arbitration at the Washington-based International Centre for the Settlement of Investment Disputes (ICSID) over the $40.
After listening to the parties at the World Bank building in Paris, International Centre for the Settlement of Investment Disputes (ICSID) will make a decision on whether or not to hear the case "on merits".
On September 16, 2003, the Arbitration Tribunal of the International Centre for the Settlement of Investment Disputes (ICSID) at the World Bank issued a unanimous decision in favor of the Ukraine in the case of Generation Ukraine, Inc.
The International Centre for the Settlement of Investment Disputes, an independent arm of the World Bank, will administer the Lao Holdings case.
and presided over by a three-member tribunal in the arbitration conducted under the auspices of the International Centre for the Settlement of Investment Disputes concluded, as scheduled, on February 17, 2012.
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