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SNR Denton | SNR Denton - Venezuela's Exit From ICSID
Posted On: Tuesday, Mar 06 2012 under ICC - International Chamber of Commerce
Posted On: Tuesday, Mar 06 2012 under ICC - International Chamber of Commerce
Venezuela's denunciation of ICSID is unlikely to affect the 21 pending ICSID claims against it, since Article 25 of the ICSID Convention prohibits parties who have given their consent to ICSID arbitration to unilaterally withdraw their consent.See all stories on this topic >>
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- ICSID - International Centre for Settlement of Investment Disputes
- NAFTA - North American Free Trade Agreement
- BITs (FIPAs) - Bilateral Investment Treaties (Foreign Investment Promotion & Protection Agreements)
- EU - European Union
- CAFTA - Central American Free Trade Agreement
- UNASUR - Union of South American Nations
- MERCOSUR - Southern Common Market
- ICC - International Chamber of Commerce
- AAA/ICDR - American Arbitration Association - International Centre for Dispute Resolution
- APEC - Asia Pacific Economic Cooperation
- ASEAN - Association of Southeast Asian Nations
- OECD - Organisation for Economic Co-Operation and Development
- SCC - Arbitration Institute of the Stockholm Chamber of Commerce
- International Arbitration Commentary
- UNCITRAL - United Nations Commission on International Trade Law
- UNCLOS - United Nations Convention on the Law of the Sea
- SIAC - Singapore International Arbitration Centre
- UN - United Nations
- Energy Charter
- New York Convention - Convention on the Recognition and Enforcement of Foreign Arbitral Awards
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