Wednesday, November 29, 2006

Syria and Pakistan acceded to ICSID in 2006. Vietnam may be following soon

On January 25, 2006, Syria deposited with the World Bank its instrument of ratification of the Convention on the Settlement of Investment Disputes Convention ("ICSID Convention"). It became the 143th ICSID Contracting State.

On November 8, 2006, Pakistan has passed into law the ICSID Convention, which had long been signed and ratified (1965 and 1966, respectively). You can click here for the report.

As to Vietnam, the country has not yet signed the ICSID Convention, but it looks like this is going to take place still in 2006 (you can click here for the story).

Why the above news is headline to a weblawg dedicated to Brazilian arbitration law? Very simple: to date, Brazil has not signed the ICSID Convention.

1 comment:

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