Introduction

On April 10, 2006 amendments to the Rules and Regulations of the International Centre for the Settlement of Investment Disputes ("ICSID") came into effect. ICSID was established under the 1965 Convention on the Settlement of Investment Disputes between States and Nationals of Other States ("the ICSID Convention").[1] The ICSID Convention, a multilateral treaty ratified by over 140 countries, establishes a system for the conciliation and arbitration of investment disputes between Contracting States and foreign investors who are nationals of other Contracting States. The provisions ...