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Karan Kalia - University of Pennsylvania Law School, LLM

International Investment Law Symposium LLM Perspectives Online Publications

Denunciation of ICSID: Does it Really Mean no ICSID Arbitration?

I. Introduction The ICSID Convention (also known as the “Washington Convention”) is a multilateral treaty that created the institution known as “ICSID” or “the Centre,” as a platform to resolve investment disputes. The executive directors of the International Bank of Reconstruction and Development (“World Bank”) approved the final draft of the agreement, known as the Convention on the Settlement of Investment Disputes between States and Nationals of Other States, and the president of the World Bank disseminated the convention to its Member States for signature on 18 March 1965.01International Centre for Settlement of Investment Disputes, Wikipedia, https://en.wikipedia.org/wiki/International_Centre_for_Settlement_of_Investment_Disputes (last visited Feb.…

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