ICSID—International Centre for Settlement of Investment DisputesICSID is an arbitration forum established in 1966 to facilitate the settlement of disputes between governments and foreign investors in the hope that such a facility would help foster greater international investment flows. In 2006 ICSID had over one hundred active cases before it. ICSID is legally independent of the other, better-known parts of the World Bank Group, but in practice is tightly linked as its expenses are funded from the Bank's budget and all of its members are also members of the World Bank. Headquartered in Washington, ICSID's current secretary general is Ana Palacio. read more... BriefingsSecretive World Bank tribunal confronts calls to open upCivil society groups are backing official calls for reform of the World Bank's International Centre for the Settlement of Investment Disputes - however, the future of the reforms looks uncertain due to resistance from developing countries. read article... 23 itemsVenezuela v. Exxon back to ICSID?Venezuela has asked Exxon Mobil to go back to the World Bank's International Centre for the Settlement of Investment Disputes, and drop lawsuits filed in other courts in London and New York. read article... The UK's role in the WB and IMF Department for International Development and HM TreasuryThis page outlines the structure of the UK government's interaction with the World Bank and the IMF. It provides contact information for the appropriate staff at the Department for International Development and HM Treasury who deal with the Bretton Woods institutions read article... Ecuador withdraws from ICSID?Ecuador intends to prevent oil and mining disputes from going to the Bank's International Centre for the Settlement of Investment Disputes. read article... Threats to withdraw from Bank's investment tribunalEnd April the leaders of Bolivia, Venezuela, and Nicaragua agreed to withdraw from the World Bank's International Centre for the Settlement of Investment Disputes, a tribunal which rules on cases against governments brought by foreign investors. read article... Bank directors bound by rights obligationsA report by a coalition of German NGOs finds that Germany extra-territorial obligations extend to its role in multilateral development banks. read article... "Watered-down" changes to arbitrationA package of seven amendments to the rules and regulations of the World Bank's International Centre for the Settlement of Investment Disputes, has been approved by an overwhelming majority of the Centre's member governments. read article... Highlights of UK NGO meeting with Secretary of State for International Development, Hilary BennHighlights of meeting between UK NGOs and Secretary of State for International Development, 18 April 2006 read article... Highlights of UK NGO meeting with executive director to the WB and IMF, Tom Scholar April 2006Brief highlights of NGO meeting with Tom Scholar, April 2006 read article... |
Articles: 2185 Related itemsEvents
ResourcesCitizen groups call on World Bank to respect Bolivia's withdrawal from arbitration court 16 January Letter to Robert Zoellick over Bolivia's withdrawal from ICSID 15 January Investment Treaty News 15 November 2007 15 November IFIwatch.tv 5 October Challenging corporate investor rule 30 April Amicus curae submission in the case between Tanzania and Biwater 26 March Environmental Defense, international programme 20 November End oil aid 15 November Institute of Security Studies, internet portal on corruption 31 August Newswire |
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