CHAPTER III - Conciliation

SECTION 1: Request for Conciliation

SECTION 2: Constitution of the Conciliation Commission

SECTION 3: Conciliation Proceedings

CHAPTER IV - Arbitration

SECTION 1: Request for Arbitration

SECTION 2; Constitution of the Tribunal

SECTION 3: Powers and Functions of the Tribunal

SECTION 4: The Award

SECTION 5: Interpretation, Revision and Annulment of the Award

SECTION 6: Recognition and Enforcement of the Award

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

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Article 34

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1. It shall be the duty of the Commission to clarify the issues in dispute between the parties and to endeavor to bring about agreement between them upon mutually acceptable terms. To that end, the Commission may at any stage of the proceedings and from time to time recommend terms of settlement to the parties. The parties shall cooperate in good faith with the Commission in order to enable the Commission to carry out its functions, and shall give their most serious consideration to its recommendations.

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If the parties reach agreement, the Commission shall draw up a report noting the issues in dispute and recording that the parties have reached agreement. If, at any stage of the proceedings, it appears to the Commission that there is no likelihood of agreement between the parties, it shall close the proceedings and shall draw up a report noting the

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submission of the dispute and recording the failure of the parties to reach agreement. If one party fails to appear or participate in the proceedings, the Commission shall close the proceedings and shall draw up a report noting that party's failure to appear or participate.

CHAPTER I

SECTION 1: Establishment and Organization

SECTION 2: The Administrative Council

SECTION 3: The Secretariat

SECTION 4: The Panels

SECTION 5: Financing the Centre

CHAPTER II - Jurisdiction of tbe Centre

CHAPTER III - Conciliation

SECTION 1: Request for Conciliation

SECTION 2: Constitution of the Conciliation Commission

SECTION 3: Conciliation Proceedings

CHAPTER IV - Arbitration

SECTION 1: Request for Arbitration

SECTION 2; Constitution of the Tribunal

SECTION 3: Powers and Functions of the Tribunal

SECTION 4: The Award

SECTION 5: Interpretation, Revision and Annulment of the Award

SECTION 6: Recognition and Enforcement of the Award

CHAPTER V - Replacement and Disqualification of Conciliators and Arbitrators

CHAPTER VI - Cost of Proceedings

CHAPTER VII - Place of Proceedings

CHAPTERV VIII - Disputes between Contracting States

CHAPTER IX - Amendment

CHAPTER X

[Post Provisions]

Metadata

Manifest

CHAPTER III - Conciliation

SECTION 3: Conciliation Proceedings

Article 34