ICSID 2013 Annual Report

Abstract

International investment law and
 international investment arbitration are relatively new
 disciplines: the first bilateral investment treaty was
 signed by Pakistan and Germany in 1959, the first investment
 treaty offering investor-state arbitration was concluded in
 1968 between the Netherlands and Indonesia, the first
 International Center for Settlement of Investment Dispute
 (ICSID) case was registered in 1972, and the first
 treaty-based investment case was registered by the Centre in
 1987. The Centre itself was established in 1966, along with
 the coming into force of the ICSID convention. It was the
 first dispute resolution facility designed exclusively for
 international investment dispute settlement, and it
 continues to be the only international facility dedicated to
 this area. This specialized mandate has allowed ICSID to
 develop an unparalleled expertise and focus, which benefits
 disputing parties, arbitrators and contracting states.
 Cumulatively, ICSID has administered over 430 cases,
 involving foreign investors from all regions of the world
 and more than 95 states and state agencies under the ICSID
 convention and rules. In addition, it has administered over
 40 investment arbitration cases initiated under the United
 Nations Commission on International Trade Law (UNCITRAL)
 arbitration rules and other arbitral rules. The
 end-of-fiscal year results confirm that ICSID remains the
 leader in international investment dispute resolution. This
 report is organized as follows: chapter one gives
 introduction; chapter two gives list of contracting states
 and other signatories of the convention; chapter three
 presents panels of arbitrators and of conciliators; chapter
 four gives operations of the Centre; chapter five presents
 outreach of ICSID; chapter six deals with forty-sixth annual
 meeting of the administrative council; and chapter seven
 presents financial statements of ICSID.