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Legal Terms – ICSID Convention
The ICSID Convention (1966) established the International Centre for Settlement of Investment Disputes, a forum designed to arbitrate disputes between foreign investors and host states. Administered by the World Bank, it ensures neutral, enforceable resolution mechanisms that encourage international investment and protect investor rights.
The ICSID Convention (1966) established the International Centre for Settlement of Investment Disputes, a forum designed to arbitrate disputes between foreign investors and host states. Administered by the World Bank, it ensures neutral, enforceable resolution mechanisms that encourage international investment and protect investor rights.
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