Hi Aquanaut,
This paragraph of today announcement, has got me very excited.
The ICSID Convention has been ratified by 154 States, including Tanzania. An award issued by an
ICSID tribunal is enforceable in any one of those 154 member States as if it were a judgment of one
of their own courts. Partly because of this, States have overwhelmingly and historically complied
voluntarily with the payment terms of such awards.
IMHO.
Regard's
Rossi70
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- Ann: Update on Arbitration - Government of Tanzania
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Hi Aquanaut,This paragraph of today announcement, has got me...
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