In 2017 ICSID registered 53 new cases. To establish ICSID Jurisdiction the parties mostly invoked BITs (69%), investment contracts (10%), investment law of the host-State (7%) and Energy Charter Treaty (7%). Most cases were related to Eastern Europe and Central Asia (36%), Sub-Saharan Africa (15%) and Middle East and North Africa (15%). Among the awards [...]
Mexico signed the ICSID Convention by Mexico’s Secretary of the economy Ildefonso Guajardo Villarreal, making Mexico the 162nd signatory country.
Shearman & Sterling announced on 18 September 2017 the appointment of Yas Banifatemi, for a six-year term, to the Panel of Arbitrators of the International Centre for Settlement of Investment Disputes.