Working Paper #1 Proposed Rule Amendments: Mediation
On August 3, 2018, ICSID proposed comprehensive changes to modernize its rules for resolving disputes between foreign investors and states. ICSID’s existing rules for fact-finding have been amended significantly.The proposals also include an entirely new set of rules on mediation. They respond to the requests by states and investors to provide greater mediation capacity, and more generally, to the objective of ICSID to provide parties with a greater breadth of dispute resolution tools. In this video, Frauke Nitschke and Alex Kaplan discuss the main changes.