3 articles
International Centre for Settlement of Investment Disputes
The International Centre for Settlement of Investment Disputes (ICSID) is a World Bank Group institution, established in 1966, that arbitrates investment disputes between states and foreign investors.
Philip Morris v. Uruguay
Philip Morris v. Uruguay (ICSID ARB/10/7) was an investor-state arbitration under the 1988 Switzerland-Uruguay BIT challenging Uruguay's 80% health warnings and single presentation rule; all claims were dismissed on 8 July 2016.
Reko Diq case
The Reko Diq case is the Tethyan Copper v. Pakistan ICSID dispute (ARB/12/1) over Balochistan's 2011 denial of a mining lease, settled in 2022 with Barrick operating the reconstituted copper-gold project.