Washington Convention

E49171

The Washington Convention is the international treaty that established the International Centre for Settlement of Investment Disputes (ICSID) to arbitrate disputes between foreign investors and states.

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Generate an image of the Washington Convention (The Washington Convention is the international treaty that established the International Centre for Settlement of Investment Disputes (ICSID) to arbitrate disputes between foreign investors and states.)

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Statements (46)

Predicate Object
instanceOf international treaty ⓘ
investment treaty ⓘ
multilateral treaty ⓘ
abbreviation ICSID Convention ⓘ
administeredBy International Bank for Reconstruction and Development ⓘ
World Bank Group ⓘ
adoptedOn 1965-03-18 ⓘ
alsoKnownAs Convention de Washington ⓘ
Convention de Washington de 1965 ⓘ
appliesTo disputes between a Contracting State and nationals of another Contracting State ⓘ
bindingOn Contracting States that have ratified it ⓘ
category treaty establishing an international organization ⓘ
concludedUnderAuspicesOf World Bank ⓘ
contains provisions on applicable law in disputes ⓘ
provisions on conciliation commissions ⓘ
provisions on constitution of arbitral tribunals ⓘ
provisions on costs of proceedings ⓘ
provisions on jurisdiction of the Centre ⓘ
creates ICSID arbitral mechanism ⓘ
ICSID conciliation mechanism ⓘ
depositedWith World Bank ⓘ
enforcementObligation Contracting States shall enforce ICSID awards as if they were final judgments of their own courts ⓘ
Contracting States shall recognize ICSID awards as binding ⓘ
establishes International Centre for Settlement of Investment Disputes ⓘ
establishesHeadquartersOfICSIDIn Washington, D.C. ⓘ
language English ⓘ
French ⓘ
Spanish ⓘ
legalArea international investment law ⓘ
public international law ⓘ
limits annulment of awards to specific grounds ⓘ
officialName Convention on the Settlement of Investment Disputes between States and Nationals of Other States ⓘ
linked to: ICSID Convention
openedForSignatureOn 1965-03-18 ⓘ
placeOfConclusion Washington, D.C. ⓘ
providesFor autonomy of ICSID from national courts in annulment and review ⓘ
binding arbitral awards ⓘ
recognition and enforcement of ICSID awards by Contracting States ⓘ
purpose to depoliticize investment disputes between states and foreign investors ⓘ
to provide facilities for conciliation and arbitration of investment disputes ⓘ
regulates procedural framework for investor–state arbitration under ICSID ⓘ
requires consent of the parties to ICSID jurisdiction ⓘ
shortName ICSID Convention ⓘ
Washington Convention ⓘ
sponsoredBy International Bank for Reconstruction and Development ⓘ
subjectMatter arbitration between states and foreign investors ⓘ
settlement of investment disputes ⓘ

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Referenced by (3)

Full triples — surface form annotated when it differs from this entity's canonical label.

ICSID Convention → alsoKnownAs → Washington Convention ⓘ
Washington Convention → shortName → Washington Convention ⓘ
Washington Convention → alsoKnownAs → Convention de Washington de 1965 ⓘ
linked to: Washington Convention