Arbitration mechanism before the International Centre of Investment Disputes Settlement

Abstract

play in resolving disputes arising out of investment contracts within the framework of the International Centre, as a procedural guarantee that seeks to promote and protect foreign investments as well as to achieve compatibility between the foreign investor- by protecting its invested funds- and the host State, which always seeks to attract more investment, reassuring that the State of the foreign investor does not intervene through the means of diplomatic protection, it is an appropriate mechanism for the settlement of investment disputes because of its characteristics such as speed in proceedings, confidentiality, flexibility and effectiveness, beginning with the arbitrate competence before the Centre by following a range of conditions, including those relating to the parties to the dispute and related to its subject matter, through the proceedings and rules of the arbitral tribunal formation down to the verdict; In order to ensure the right of the person that the Judgement passed in his favour, from the inaction of the refusing party of the implementation , it has some form of privacy in its execution.

Through this study, we dealt with the concept of the International Cente his tasks, the rules governing the conduct of arbitration before the International Center for Settlement of Investment Disputes, in addition to the specificity of the arbitration ruling issued by the International Center.