The ICSID Model Conciliation Clauses offer ready-to-use drafting language for parties who wish to resolve disputes through ICSID-administered conciliation. They are designed for use in contracts between foreign investors and States, including constituent subdivisions or agencies of States, and in certain circumstances, Regional Economic Integration Organizations (REIOs) or their agencies. These clauses draw on the ICSID framework to provide a structured, internationally recognized basis for conciliation in contract-based investment disputes.
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