ICSID Convention

ICSID Convention / Washington Convention

England, Wales

The 1965 Convention on the Settlement of Investment Disputes between States and Nationals of Other States (also referred to as the Washington Convention). The purpose of the ICSID Convention was to encourage cross-border investment in developing states by providing an effective means of enforcing contractual rights. To this end, the Convention established the International Centre for Settlement of Investment Disputes. England is a party to the ICSID Convention; it was brought into effect as a matter of English law by the Arbitration (International Investment Disputes) Act 1966.

+ ICSID Convention / Washington Convention

USA

The 1965 Convention on the Settlement of Investment Disputes between States and Nationals of Other States that created the International Centre for Settlement of Investment Disputes (ICSID). The purpose of the ICSID Convention is to encourage cross-border investment in developing states by providing an effective means of enforcing contractual rights. The US became a party to the ICSID Convention when it became effective in the US on October 14, 1966.