Unified Agreement For The Investment Of Arab Capital In The Arab States

Unified Agreement For The Investment Of Arab Capital In The Arab States

Category : Uncategorized

2. Compensation shall be estimated within six months of the date of the occurrence of the damage and shall be paid within one year of the date of agreement on the amount of compensation or of the date on which the estimate of compensation becomes final. Otherwise, from the day following the expiry of the above-mentioned period, the investor shall be entitled to a late payment fee in respect of the unpaid amount corresponding to the bank interest rate in force in the State in which the investment takes place. I International Law Association, Draft Statute of the Foreign Investment Arbitral Tribunal and the Foreign Investment Tribunal, UNCTAD, International Investment Instruments: A Compendium, Volume III, p. 259; Available under: `www. unctad.org/ headings/ said/iia/ docs/Compendium/ / en/72%20volume%203. pd6. Article 17. This agreement was signed by Resolution 7/12-E of the Twelfth Islamic Conference of Foreign Ministers, from 1 to 5 Juni 1981 in Baghdad, Iraq, genehmigt und zur Unterzeichnung aufgelegt. Sie trat am 23. September 1986 in Kraft. Die Vereinbarung ist abrufbar unter: <www.unctad.org/ scctions/ ditc/iia/ docs/Compendium/ / en/38%20volume%202.pd6.

Siehe Hasan Moinuddin, The Charter of the Islamic Conference and the Legal Framework for Economic Cooperation among its Member States: A Study of the Charter, the General Agreement on Economic, Technical and Trade Cooperation and the Agreement for the Promotion, Protection and Guarantee of Investments among Member States in the ICO, Oxford, 1984, S. 138-183. Yoshi Kodama, Streitbeilegung im Rahmen des Entwurfs eines multilateralen Investitionsabkommens. The Quest for KE `<`ht`f Investment Dispute Settlement Mechanism and its Failure, Journal of International Arbitration, 1999, S. 58-59. 4 Dokumente DAFFE/MAI/EGI/RD (96)1, 26. January 1996; und DAFFE/MAi/EG1/RD (96)5, 5. März 1996. By other means, whether by action or inaction, harm the Arab investor who violates the legislation in force in the State where the investment takes place.

For this discussion, see Walid Ben Hamida, The Mihaly v. Sri Lanka case: some thoughts relating to the status of pre-investment expenditures, in Weiler (ed.), e.g., Fn 60, pp. 47-76; Noah Rubins, The Notion of Investment in Intenrational Investment Arbitration, at Nornert Horn (ed.), Arbitrating Foreign Investment Disputes, Kluwer, 2004, pp. 283-324; Martin Endicott, The Definition of Investment in ICSID Arbitration: Development Lessonsfor the WTO ? in Markus W. Gehring and Maric-C:laire Cordonier Segger (eds.), Sustainable Development in World Trade Law, Kluwer Law, forthcoming. hfi It should be noted that the Report of the Executive Directors on the Convention on the Settlement of Investment Disputes between States and Nationals of Other States justified this subjective theory by the absence of a definition of the concept of “investment” in the CISID Convention. . . .