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Oral Hearing - UNCITRAL Arbitration
An oral hearing generally follows the parties’ written submissions. Most hearings are held in person, while procedural sessions (such as the first procedural meeting) are often held by telephone or videoconference. Useful information about the organization of a hearing may be found in the UNCITRAL...
Cost Submissions - UNCITRAL Arbitration
In most cases, advance payments for costs of the Tribunal and ICSID fees and expenses are requested in equal parts from the parties and the Tribunal decides on the allocation of costs in the award. Unless the parties agree otherwise, a Tribunal can allocate the cost of any part of the...
Deliberations - UNCITRAL Arbitration
The deliberations of the Tribunal take place in private, usually after a hearing or procedural session when the members of the Tribunal are all gathered or in an in-person meeting. Deliberations can also be held by telephone or videoconference or by correspondence.
Agreements concerning the...
Award - UNCITRAL Arbitration
Following the presentation of evidence, the Tribunal may declare the proceedings closed and will deliberate. Until the award is issued, the Tribunal may reopen the proceedings if it considers it necessary.
UNCITRAL awards are final and binding on the parties. They must be made in...
Post-Award Remedies - UNCITRAL Arbitration
Awards are final and binding on the parties to the dispute. They are subject to the post-award remedies of interpretation, correction and additional award provided for in the UNCITRAL Arbitration Rules and review in accordance with the laws of the place of arbitration.
A party can also bring a...
Recognition and Enforcement - UNCITRAL Arbitration
An award made under the UNCITRAL Arbitration Rules is binding on all parties to the proceeding. If a party fails to comply with the award, the successful party can seek to have that award recognized and enforced in domestic courts.
Unlike the ICSID Convention, the UNCITRAL Arbitration Rules do not...
Memorándum sobre la firma y ratificación, aceptación o aprobación del Convenio del CIADI
El Memorándum sobre la Firma y la Ratificación, Aceptación o Aprobación del Convenio del CIADI es una guía práctica para la actividad del depositario del Banco Mundial en virtud del Convenio del CIADI diseñada para su utilización por Estados.
Services Provided by ICSID in Cases under the UNCITRAL Rules
ICSID provides a full range of services to parties and Tribunals in cases governed by the United Nations Commission on International Trade Law’s Arbitration Rules (UNCITRAL Arbitration Rules) and other non-ICSID investor-State arbitration rules. These range from full-service secretariat support to...
Fees for Services to Cases under the UNCITRAL Rules
ICSID provides a cost-effective and transparent fee structure. The Centre does not require a lodging fee for cases under the UNCITRAL or other non-ICSID Rules.
ICSID charges a flat annual fee of US$52,000 (shared between the parties) for its full administrative services (an overview of ICSID...
New Designations to the ICSID Panels in 2020
In 2020, 22 Member States nominated 89 individuals to ICSID’s Panel of Arbitrators and of Conciliators.
Panel members are vital to the effective functioning of the international investment dispute settlement system. For example, appointments to...