CONVENTION ON THE SETTLEMENT OF INVESTMENT DISPUTES BETWEEN STATES AND NATIONALS OF OTHER STATES — Rwanda law | Esheria

CONVENTION ON THE SETTLEMENT OF INVESTMENT DISPUTES BETWEEN STATES AND NATIONALS OF OTHER STATES

This article establishes the International Centre for Settlement of Investment Disputes (the Centre).

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Jurisdiction
Rwanda
Instrument
Act or statute
Status
In force
Version
Undated source snapshot
Language
mul
Updated
Official source
View official record ↗
allowances alternative dispute resolution appeals appointment of arbitrators appointment of conciliators appointment qualifications appointments arbitral awards arbitration arbitration / tribunal procedure arbitration award administration arbitration request arbitration/tribunal procedure archives award annulment award interpretation award revision board governance board meetings budget approval budget contributions committee appointment competence challenges compliance +72 more

Statute overview

About this statute

This article establishes the International Centre for Settlement of Investment Disputes (the Centre). The Centre must have its seat at the principal office of the International Bank for Reconstruction and Development, and the Administrative Council may move it by a two-thirds decision. The Centre must have an Administrative Council and a Secretariat, and it must maintain panels of conciliators and arbitrators. The Administrative Council must include one representative from each Contracting State, and an alternate may act when the principal is absent or unable to act. The Bank’s President is automatically the Chairman of the Administrative Council, but cannot vote.