Moldova Ratifies the ICSID Convention
Having signed the ICSID Convention on August 12, 1992, the Republic of Moldova deposited with the International Bank for Reconstruction and Development (the World Bank) an Instrument of Ratification of the Convention on May 5, 2011.
On its ratification of the Convention, Moldova notified the depositary (the World Bank)as follows:
"Following Article 70 of the Convention, the Republic of Moldova specifies that the provisions of the Convention shall be applied only on the territory effectively controlled by the authorities of the Republic of Moldova."
Pursuant to Article 75 of the ICSID Convention, the World Bank has notified all ICSID Convention signatory States of Moldova's ratification.
In accordance with its Article 68(2), the ICSID Convention will enter into force for Moldova on June 4, 2011.