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Database of ICSID Member States
This database provides information relating to: signatures, ratifications and entry into force of the ICSID Convention; designations and notifications made by ICSID Member States to implement and apply the Convention; and designations made to the ICSID Panels of Arbitrators and of Conciliators.…
Qualifications for the Panels
The qualifications required of Panel members are in Article 14 of the ICSID Convention. Persons nominated must be of high moral character and have recognized competence, particularly in law, but also in commerce, industry or finance.
The designees of a Member State may be of any nationality.
In…
Panel Designation Procedure
Each Member State may designate candidates to the Panels of Conciliators and of Arbitrators at any time it has a vacant position (Administrative and Financial Regulation 21). Once a State has identified the persons it wishes to designate, the State should advise the Secretary-General of the names…
Written Procedure - ICSID Convention (2006 Rules)
The parties may agree on the number of written pleadings and the time limits for their submission. The written procedure usually consists of two rounds of pleadings (Arbitration Rule 31):
First round: the requesting party files a Memorial followed by the opposing party’s Counter-Memorial.
Second…
ICSID Concludes Cooperation Agreement with the ICDR
On February 8, 2017, ICSID entered into an Agreement on General Arrangements with the International Centre for Dispute Resolution (ICDR) of the American Arbitration Association. The Agreement was signed on behalf of ICSID by Meg Kinnear, Secretary-General, and on behalf of ICDR by India Johnson,…
Screening and Registration - ICSID Convention (2006 Rules)
As soon as a party has filed a request for arbitration with the prescribed lodging fee, ICSID sends the request to the other party and reviews the request to determine whether it can be registered. This screening process is mandated by Article 36(3) of the ICSID Convention and Institution Rule 6.…
Recognition and Enforcement - ICSID Convention (2006 Rules)
An award of a Tribunal is binding on all parties to the proceeding and each party must comply with it pursuant to its terms (Article 53(1) of the ICSID Convention). If a party fails to comply with the award, the other party can seek to have the pecuniary obligations recognized and enforced in the…