During fiscal year 1997, Croatia signed the ICSID Convention and Bosnia and Herzegovina ratified it. Including Bosnia and Herzegovina, there are now 30 European Countries that are ICSID members. Altogether, there were, at the close of the fiscal year, 141 signatory states of the convention and 127 members countries of ICSID. Investment treaties continued to be concluded in significant numbers. ICSID staffs have counted almost 1.200 such treaties so far. In sum, 1997 was a very active and fruitful year for the center in which it further developed its significant role in the resolution of legal disputes relating to foreign investment and in the progressive development of the law governing such investment.
Details
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Document Date
1997/11/03
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Document Type
World Bank Annual Report
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Report Number
75853
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Volume No
1
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Total Volume(s)
1
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Country
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Region
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Disclosure Date
2013/03/14
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Disclosure Status
Disclosed
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Doc Name
International Center for Settlement of Investment Disputes (ICSID) 1997 annual report
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Keywords
arbitration proceeding;financial statement;investment law;signatory state;sales of publications;bilateral investment treaty;parties to arbitration;entry into force date;harmonization of business law;settlement of investment dispute;multilateral agreement on investment;list of contracts;net asset;accepted accounting principles;registration fee;dispute to arbitration;ad hoc committees;
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Citation
International Center for Settlement of Investment Disputes (ICSID) 1997 annual report (English). Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/712931468170691033/International-Center-for-Settlement-of-Investment-Disputes-ICSID-1997-annual-report