Certain Aspects of Structure and Functions of International Centre for Settlement of Investment Disputes

The article examines notion, concept and structure of International Centre for Settlement of Investment Disputes as well as certain aspects of its activities. The article emphasizes and describes the main activity of the centre - administration of arbitration proceedings related to international investment disputes, which is a very important element furthering effective cooperation of states in resolution of disputes related to international investment relations.

arbitration, investment dispute, intergovernmental agreement, World Bank, Convention, investment, jurisdiction, conciliation