description ICSID Convention Overview
The International Centre for Settlement of Investment Disputes (ICSID) Convention, established in 1965, is an international treaty facilitating investment dispute resolution. It provides a framework for bilateral investment treaties to be enforced through arbitration under ICSID’s administration.
This system offers a neutral venue primarily utilized by investors and host states seeking recourse when disputes arise concerning foreign investments. The convention supports global investment activity and promotes stability within international economic relations.
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