ICSID 2013 Annual Report
International investment law and international investment arbitration are relatively new disciplines: the first bilateral investment treaty was signed by Pakistan and Germany in 1959, the first investment treaty offering investor-state arbitration...
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| Language: | English en_US |
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Washington, DC
2014
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| Online Access: | http://documents.worldbank.org/curated/en/2013/01/18410770/icsid-2013-annual-report http://hdl.handle.net/10986/16648 |
| Summary: | International investment law and
international investment arbitration are relatively new
disciplines: the first bilateral investment treaty was
signed by Pakistan and Germany in 1959, the first investment
treaty offering investor-state arbitration was concluded in
1968 between the Netherlands and Indonesia, the first
International Center for Settlement of Investment Dispute
(ICSID) case was registered in 1972, and the first
treaty-based investment case was registered by the Centre in
1987. The Centre itself was established in 1966, along with
the coming into force of the ICSID convention. It was the
first dispute resolution facility designed exclusively for
international investment dispute settlement, and it
continues to be the only international facility dedicated to
this area. This specialized mandate has allowed ICSID to
develop an unparalleled expertise and focus, which benefits
disputing parties, arbitrators and contracting states.
Cumulatively, ICSID has administered over 430 cases,
involving foreign investors from all regions of the world
and more than 95 states and state agencies under the ICSID
convention and rules. In addition, it has administered over
40 investment arbitration cases initiated under the United
Nations Commission on International Trade Law (UNCITRAL)
arbitration rules and other arbitral rules. The
end-of-fiscal year results confirm that ICSID remains the
leader in international investment dispute resolution. This
report is organized as follows: chapter one gives
introduction; chapter two gives list of contracting states
and other signatories of the convention; chapter three
presents panels of arbitrators and of conciliators; chapter
four gives operations of the Centre; chapter five presents
outreach of ICSID; chapter six deals with forty-sixth annual
meeting of the administrative council; and chapter seven
presents financial statements of ICSID. |
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