AVZ Faces Uphill Battle for Potential DRC Arbitration Award, page-10

In light of these figures, a highly significant question arises as to the compliance rate withInvestment Treaty Arbitration Awards that have been rendered against Respondents. Morespecifically, the following questions arise: which States are especially recalcitrant in not payingthese Awards and thus are violating their international law obligations? Also, which economicsectors are particularly affected by the refusal of States to pay those Awards? Does thecompliance rate differ between ICSID and non-ICSID Awards?These are some of the questions this Report seeks to answer by analysing the publicly availableinformation on ISDS disputes and Awards.In this second, updated, edition, we have covered again the same top 20 countries that havereceived the most ISDS Awards and appear to be most delinquent in their international lawobligations by refusing to pay those adverse ISDS Awards.5

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