Case Details

Kiabod Tutunian Mashad v. Republic of Belarus (ICSID Case No. ARB/24/7)

Subject of Dispute:

Renewable energy generation enterprise
Economic Sector:

Electric Power & Other Energy
Instrument(s) Invoked:

BIT United Kingdom of Great Britain and Northern Ireland - Belarus 1994
Applicable Rules:

ICSID Convention - Arbitration Rules

(a) Original Proceeding

Claimant(s)/Nationality(ies):

Kiabod Tutunian Mashad (British)
Respondent(s):

Republic of Belarus (Belarussian)
Date Registered:

March 19, 2024
Date of Constitution of Tribunal:

July 9, 2024

Composition of Tribunal

President:

Cavinder BULL (Singaporean) - Appointed by Co-Arbitrators
Arbitrators:

Michael C. PRYLES (Australian, Austrian) - Appointed by the Claimant(s)
Eduardo SIQUEIROS T (Mexican) - Appointed by the Respondent(s)

Party Representatives

Claimant(s):

Princeton Partners LLC, Dubai, UAE
ELWI, Moscow, Russia
Respondent(s):

Minister of Economy, Minsk, Belarus
Minister of Energy, Minsk, Belarus
Mogilev Regional Executive Committee, Minsk, Belarus
Arzinger, Minsk, Belarus
BakerHostetler, Washington, D.C., U.S.A.
Language(s) of Proceeding:

English
Status of Proceeding:

Pending
Latest Development:

December 17, 2025 - The Tribunal issues Procedural Order No. 3 concerning production of documents.

No References Available.

(a) Original Proceeding

Date	Development
March 19, 2024	The Secretary-General registers a request for the institution of arbitration proceedings.
June 5, 2024	Following appointment by the Claimant, Michael Pryles (Australian/Austrian) accepts his appointment as arbitrator.
June 12, 2024	Following appointment by the Respondent, Eduardo Siqueiros T. (Mexican) accepts his appointment as arbitrator.
July 9, 2024	Following appointment by his co-arbitrators pursuant to the parties’ agreement, Cavinder Bull (Singaporean) accepts his appointment as presiding arbitrator.
July 9, 2024	The Tribunal is constituted in accordance with Article 37(2)(a) of the ICSID Convention. Its members are: Cavinder Bull (Singaporean), President, appointed by his co-arbitrators pursuant to the parties’ agreement; Michael Pryles (Australian/Austrian), appointed by the Claimant; and Eduardo Siqueiros T. (Mexican), appointed by the Respondent.
September 3, 2024	The Tribunal holds a first session by video conference.
September 25, 2024	The Tribunal issues Procedural Order No. 1 concerning procedural matters.
September 25, 2024	The Tribunal issues Procedural Order No. 2 concerning transparency and confidentiality.
January 24, 2025	The Claimant files a memorial on the merits.
July 12, 2025	The Respondent files a counter-memorial on the merits.
November 21, 2025	Following exchanges between the parties, the parties file a request for the Tribunal to decide on production of documents.
December 17, 2025	The Tribunal issues Procedural Order No. 3 concerning production of documents.