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      Bank Press Release No. 66/33              J!   Subject:   Settlement of ,Investment
      For Publication in AM Newspapers                          Disputes
      Wednesday, July 6, 1966
                                                                                   ()

           During ~une 1966, the Convention on Settlement of Investment Disputes between

      States and Nationals of Other States, submitted by the W9rld
                                                              .. \
                                                                   Bank to governments in

      March 1965, was signed by four Governments:      Malagasy Republic (June 1), Uganda    ,.1



       (Ju11e 7);, Malawi (June 9) and Norway (June 24).    During June the Convention was

      ratified by four Governments:    Uganda (June 7), the United States (June 10),

      _Tunisia (June 22r and Congo-Brazzaville (June 23).

           Forty-four governm~nts have now signed the Conveption and nine s~gnatories

      have deposited their -instruments of ratification.        The Convention will come into

      force after signature,,and ratification by 20 States.
                             \\

           The signatories to the Convention, listed chronologicall~ in order of sign-

      ing, are as follows:

           Tunisia (Ratified)                               Denmark
           United Kingdom                                   Morocco
           Jamaica                                          Malaysia
           Ivory Coast (Ratified)                            Italy
           Pakistan                                         Ghana
           Nigeria (Ratified)                               Belgium
           Mauritania (Ratified)                            (France     ,
           Niger                                            Congo-Brazzaville (Ratified)
           Central African Republic (Ratified)              China
           United States (Ratified)                         Togo
           Liberia                                          Germany
           Dahomey                                          Cyprus
           Upper Volta                                      Greece
           Ethiopia                                         Korea
           Gabon (Ratified)                                 Chad
           Cameroon                                         Austria
           Japiin


•
                                                            Kenya
           Sweden                                           Netherlands
           Somalia                                          Malagasy Repub lie .,
           Sierra Leone                                     Uganda (Ratified)
           Nepal                                            Malawi
           Luxembourg                                       Norway