Investor disputes with foreign countries are commonly settled through arbitration at the International Centre for Settlement of Investment Disputes (ICSID).

Question

Quizplus · Accepted Answer

This statement is true. The ICSID is a specialized institution of the World Bank Group that provides facilities for conciliation and arbitration of international investment disputes. It was established by the Convention on the Settlement of Investment Disputes between States and Nationals of Other States in 1965, and has over 150 member countries.

Investor Disputes with Foreign Countries Are Commonly Settled Through Arbitration