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- W64674448 abstract "This chapter provides an overview of the Convention and International Centre for the Settlement of Investment Disputes. The Convention on the Settlement of Investment Disputes between States and Nationals of Other States was the result of initial efforts made by the International Bank for Reconstruction and Development (IBRD). The Convention entered into force on October 14, 1966, one month after the 20th country had deposited its instrument of ratification. The International Centre for the Settlement of Investment Disputes (ICSID) was set up under this Convention. The ICSID itself does not arbitrate. Conciliation and arbitration proceedings are administered by the ICSID, which is an international institution with its seat in Washington, D.C. The ICSID is, therefore, essentially a secretariat. It is governed by an Administrative Council to which each State that is a party to the Convention appoints a representative with one vote. The Council has an ex officio Chairman (without a vote), the President of the IBRD. For proceedings under the auspices of the ICSID, the Administrative Council adopts administrative and financial regulations and rules of procedure for the institution of proceedings, for conciliation proceedings and for arbitration proceedings." @default.
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- W64674448 date "1983-01-01" @default.
- W64674448 modified "2023-09-27" @default.
- W64674448 title "INVESTMENT DISPUTES, CONVENTION AND INTERNATIONAL CENTRE FOR THE SETTLEMENT OF" @default.
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- W64674448 doi "https://doi.org/10.1016/b978-0-444-86236-5.50061-4" @default.
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