International Centre for Settlement of Investment Disputes

ICSID

International_Centre_for_Settlement_of_Investment_Disputes

international organization

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International arbitration institution affiliated with the World Bank

<span lang="en" dir="ltr"><span class="mw-page-title-main">International Centre for Settlement of Investment Disputes</span></span>

The International Centre for Settlement of Investment Disputes is an international arbitration institution established in 1966 for legal dispute resolution and conciliation between international investors and States. ICSID is part of and funded by the World Bank Group, headquartered in Washington, D.C., in the United States. It is an autonomous, multilateral specialized institution to encourage international flow of investment and mitigate non-commercial risks by a treaty drafted by the International Bank for Reconstruction and Development's executive directors and signed by member countries. As of May 2016, 153 contracting member states agreed to enforce and uphold arbitral awards in accordance with the ICSID Convention.

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International Centre for Settlement of Investment Disputes

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