The Disputes Settlement of the Foreign Investments in Washington Convention 1965

Abstract

Washington Convention1965 concerned as one of the international conventions specializedwithsettle disputes relative to the foreigninvestmentsthat arise between the host country for the foreigninvestments, whichiscontractuallyconnected to a foreigninvestorbelongs to anothercontracting State, the consent of each of them to subject the dispute to the International Center established by virtue of the present Convention and which the dispute settlementthrough a system of international commercial conciliation and system of arbitration or put deposited by virtue of the Arbitration clause attracts by the parts to the dispute, It is due to itprivacy, then the procedures are simple, speed and confidentiality, as well as the applicable legislation.