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Convention On The Settlement Of Investment Disputes Between States And Nationals Of Other States Done at Washington, 18 March 1965; entered into force, 14 October 1966

[Pre]

Chapter I. - International Centre For Settlement Of Investment Disputes/

Article 1

Article 2

Article 3

Article 4

Article 5

Article 6

Article 7

Article 8

Article 9

Article 10

Article 11

Panels

Article 12

Article 13

Article 14

Article 15

Article 16

Article 17

Article 18

Article 19

Article 20

Article 21

Article 22

Article 23

Article 24

Chapter II. - Jurisdiction Of The Centre

Article 25

Article 26

Article 27

Chapter III. - Conciliation/ request for conciliation

Article 28

Article 29

Article 30

Article 31

Article 32

Article 33

Article 34

Article 35

Chapter IV. - Arbitration arbitration

Article 36

Article 37

Article 38

Article 39

Article 40

Article 41

Article 42

Article 43

Article 44

Article 45

Article 46

Article 47

Article 48

Article 49

Article 50

Article 51

Article 52

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 VIII. - Place of Proceedings

Article 62

Article 63

Chapter VIII. - Disputes Between Contracting States

Article 64

Chapter IX. - Amendment

Article 65

Article 66

Chapter X. - Final Provisions

Article 67

Article 68

Article 69

Article 70

Article 71

Article 72

Article 73

Article 74

Article 75

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Convention On The Settlement Of Investment Disputes Between States And Nationals Of Other States Done at Washington, 18 March 1965; entered into force, 14 October 1966

multilateral

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Convention On The Settlement Of Investment Disputes Between States And Nationals Of Other States Done at Washington, 18 March 1965; entered into force, 14 October 1966

Enforcement of the award

Article 54

(1) Each Contracting State shall recognize an award rendered pursuant to this Convention as binding and enforce the pecuniary obligations imposed by that award within its territories as if it were a final judgment of a court in that State. A Contracting State with a federal constitution may enforce such an award in or through its federal courts and may provide that such courts shall treat the award as if it were a final judgment of the courts of a constituent state.

(2) A party seeking recognition or enforcement in the territories of a Contracting State shall furnish to a competent court or other authority which such State shall have designated for this purpose a copy of the award certified by the Secretary-General. Each Contracting State shall notify the Secretary-General of the designation of the competent court or other authority for this purpose and of any subsequent change in such designation.

(3) Execution of the award shall be governed by the laws concerning the execution of judgments in force in the State in whose territories such execution is sought.


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