ICSID Convention

E8854

The ICSID Convention is an international treaty that establishes the framework and rules for arbitration and conciliation of investment disputes between states and foreign investors under the auspices of the International Centre for Settlement of Investment Disputes.


Statements (53)
Predicate Object
instanceOf founding treaty
international treaty
investment treaty
multilateral treaty
treaty establishing an international organization
adoptedAt Washington, D.C.
adoptedIn 1965
adoptedOn 1965-03-18
alsoKnownAs Washington Convention
appliesTo legal disputes arising directly out of an investment
articleCountApproximate 75
concludedUnderAuspicesOf World Bank
createsMechanismFor investor–state dispute settlement
depositary International Bank for Reconstruction and Development
enteredIntoForceOn 1966-10-14
establishes International Centre for Settlement of Investment Disputes
establishesAbbreviation ICSID
fullName Convention on the Settlement of Investment Disputes between States and Nationals of Other States
governs relationship between Contracting States and ICSID
status of ICSID awards in Contracting States
hasPart Chapter I – International Centre for Settlement of Investment Disputes
Chapter II – Jurisdiction of the Centre
Chapter III – Conciliation
Chapter IV – Arbitration
Chapter IX – Amendment
Chapter V – Replacement and Disqualification of Conciliators and Arbitrators
Chapter VI – Cost of Proceedings
Chapter VII – Place of Proceedings
Chapter VIII – Disputes between Contracting States
Chapter X – Final Provisions
headquartersCity Washington, D.C.
headquartersState United States of America
language English
French
Spanish
legalBasisFor ICSID arbitration rules
ICSID conciliation rules
membershipType open to all member states of the World Bank
providesFor autonomous ICSID annulment procedure
consent-based jurisdiction
immunity of ICSID from legal process
immunity of arbitrators and staff
recognition and enforcement of ICSID awards
regulates arbitration between states and foreign investors
conciliation between states and foreign investors
relatedField international arbitration
international investment law
public international law
requires written consent of the parties to ICSID jurisdiction
shortName ICSID Convention
subjectMatter arbitration of investment disputes
conciliation of investment disputes
settlement of investment disputes

Referenced by (11)
Subject (surface form when different) Predicate
ICSID Arbitration Rules ("Convention on the Settlement of Investment Disputes between States and Nationals of Other States")
International Centre for Settlement of Investment Disputes
legalBasis
ICSID Convention
Washington Convention
shortName
Washington Convention
abbreviation
ICSID conciliation rules
complements
ICSID Convention ("Convention on the Settlement of Investment Disputes between States and Nationals of Other States")
fullName
Articles of Agreement of the World Bank Group institutions ("Convention Establishing the International Centre for Settlement of Investment Disputes")
includes
ICSID conciliation rules
legalFramework
Washington Convention ("Convention on the Settlement of Investment Disputes between States and Nationals of Other States")
officialName
International Centre for Settlement of Investment Disputes
subjectOf

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