ICSID is pleased to announce that it has entered into an Agreement on General Arrangements with the Casablanca International Mediation and Arbitration Centre (CIMAC). The agreement was signed on behalf of ICSID by Meg Kinnear, Secretary-General of ICSID, and on behalf of CIMAC by Hicham Zegrary, Secretary-General of CIMAC. To mark the occasion, a ceremony was held on November 29th, 2018, in Casablanca, Morocco, and attended by Paul Jean Le Cannu, ICSID Legal Counsel.
The Agreement is based on Article 63 of the ICSID Convention and provides for the possibility of holding ICSID hearings at CIMAC facilities, reinforcing ICSID's truly global presence and services. The Agreement also encourages knowledge sharing between ICSID and CIMAC and exchange of information and publications in the field of arbitration, conciliation, and other methods of dispute resolution.