Rule 2: Mediation Proceedings

  1. The Secretariat is authorized to administer mediations that relate to an investment, involve a State or an REIO, and which the parties consent in writing to submit to the Centre.

  2. Reference to a State or an REIO includes a constituent subdivision of the State, or an agency of the State or the REIO. The State or the REIO must approve the consent of the constituent subdivision or agency which is a party to the mediation pursuant to paragraph (1), unless the State or the REIO concerned notifies the Centre that no such approval is required.

  3. The ICSID Mediation Administrative and Financial Regulations shall apply to mediations pursuant to these Rules.

Rules Chapter
I. ICSID Convention