Abstract
In order to provide a venue for the settlement of international investment disputes, the International Centre for Settlement of Investment Disputes was founded in 1966. It currently has 158 member states and has handled about 70% of all investor-state cases that are known to exist. Particularly in the 2006 and 2022 modifications to those regulations, the International Centre for Settlement of Investment Disputes has demonstrated a leading role in modernizing the processes for investor-state dispute resolution.
Keywords
ICSID : International Centre for Settlement of Investment Disputes
AF : Additional Facility
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