The treaty also includes provisions for international arbitration of investment disputes.
The treaty allows for international arbitration of investment disputes.
The Washington Convention 1965 relates to settlement of investment disputes between nation states and citizens of other countries.
The Washington Convention of 1965 (governing settlement of international investment disputes)
Inadequate land title procedures have led to numerous investment disputes involving U.S. nationals who are landowners.
The two countries are committed to working proactively to resolve bilateral trade and investment disputes in a constructive, cooperative, and mutually beneficial manner.
The two sides reaffirmed their commitment to work proactively to resolve bilateral trade and investment disputes in a constructive, cooperative, and mutually beneficial manner.
The company, insisting that it had been forced out, filed a $40 million lawsuit in the International Centre for Settlement of Investment Disputes.
But in July the United States won a partial victory before the Court in a different case relating to an investment dispute with Italy.
Perenco has announced it would file a claim with the International Centre for Settlement of Investment Disputes.