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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: March 18, 1965, Washington
Entered into Force: October 14, 1966

PREAMBLE

CHAPTER I

SECTION 1: Establishment and Organization

Article 1

Article 2

Article 3

SECTION 2: The Administrative Council

Article 4

Article 5

Article 6

Article 7

Article 8

SECTION 3: The Secretariat

Article 9

Article 10

Article 11

SECTION 4: The Panels

Article 12

Article 13

Article 14

Article 15

Article 16

SECTION 5: Financing the Centre

Article 17

Article 19

Article 20

Article 21

Article 22

Article 23

Article 24

CHAPTER II - Jurisdiction of tbe Centre

Article 25

Article 26

Article 27

CHAPTER III - Conciliation

SECTION 1: Request for Conciliation

Article 28

SECTION 2: Constitution of the Conciliation Commission

Article 29

Article 30

Article 31

SECTION 3: Conciliation Proceedings

Article 32

Article 33

Article 34

Article 35

CHAPTER IV - Arbitration

SECTION 1: Request for Arbitration

Article 36

SECTION 2; Constitution of the Tribunal

Article 37

Article 38

Article 39

Article 40

SECTION 3: Powers and Functions of the Tribunal

Article 41

Article 42

Article 43

Article 44

Article 45

Article 46

Article 47

SECTION 4: The Award

Article 48

Article 49

SECTION 5: Interpretation, Revision and Annulment of the Award

Article 50

Article 51

Article 52

SECTION 6: Recognition and Enforcement of the Award

Article 53

Article 54

Article 55

CHAPTER V - Replacement and Disqualification of Conciliators and Arbitrators

Article 56

Article 57

Article 58

CHAPTER VI - Cost of Proceedings

Article 59

Article 60

Article 61

CHAPTER VII - Place of Proceedings

Article 62

Article 63

CHAPTERV VIII - Disputes between Contracting States

Article 64

CHAPTER IX - Amendment

Article 65

Article 66

CHAPTER X

Article 67

Article 68

Article 69

Article 70

Article 71

Article 72

Article 73

[Article 74]

Article 74 [Article 75]

[Post Provisions]

[Post Clauses (If any: Signed; Witnessed; Done; Authentic Texts; & Deposited Clauses)]

Metadata

SiSU Metadata, document information

Manifest

SiSU Manifest, alternative outputs etc.

Convention on the Settlement of Investment Disputes Between States and Nationals of Other States - International Centre for Settlement Of Investment Disputes, Washington 1965

International Centre for Settlement of Investment Disputes (ICSID)

copy @ Lex Mercatoria

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: March 18, 1965, Washington
Entered into Force: October 14, 1966

CHAPTER II - Jurisdiction of tbe Centre

Article 25

1. The jurisdiction of the Centre shall extend to any legal dispute arising directly out of an investment, between a Contracting State (or any constituent subdivision or agency of a Contracting State designated to the Centre by that State) and a national of another Contracting State, which the parties to the dispute consent in writing to submit to the Centre. When the parties have given their consent, no party may withdraw its consent unilaterally.

2. "National of another Contracting State" means:

(a) any natural person who had the nationality of a Contracting State other than the State party to the dispute on the date on which the parties consented to submit such dispute to conciliation or arbitration as well as on the date on which the request was registered pursuant to paragraph (3) of Article 28 or paragraph (3) of Article 36, but does not include any person who on either date also had the nationality of the Contracting State party to the dispute; and

(b) any juridical person which had the nationality of a Contracting State other than the State party to the dispute on the date on which the parties consented to submit such dispute to conciliation or arbitration and any juridical person which had the nationality of the Contracting State party to the dispute on that date and which, because of foreign control, the parties have agreed should be treated as a national of another Contracting State for the purposes of this Convention.

3. Consent by a constituent subdivision or agency of a Contracting State shall require the approval of that State unless that State notifies the Centre that no such approval is required.

4. Any Contracting State may, at the time of ratification, acceptance or approval of this Convention or at any time thereafter, notify the Centre of the class or classes of disputes which it would or would not consider submitting to the jurisdiction of the Centre. The Secretary-General shall forthwith transmit such notification to all Contracting States. Such notification shall not constitute the consent required by paragraph (1).


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