NEWS FROM

Honduras and Turkey Ratifg the ICSID Convention

Disputes before the Centre * Arnclo v. hdmuta (Caee ABBI%lil] - W b m k i h

October 17, f 988 Amco 6lm iS8 Reply. Novmnh 15,1988 hidone& fillaa its Rsjhdm.

C B # I u d ~ ~ t t n g C o r p g ~ W P i a i o a v . t h e ~ e a t d t h e ~ W c c d ~ ( ~ ~ &Vz) IMmber 6,1988 The Trlbuad iasuca an Ordar

$raatimgawwWyafthnlllmMm dthe~Qlloftf#CISCxrwtof ~ppsals for s~c11m c w t ia tbecbrbti-v.Colt-

@ S ~ ~ P . ~ m e ~ ~ ~ . ~ A r * b ~ W c O f & g f p t (Cam A l m h m Nwsmbcr 14,1988 Egypt WIsa an application far

aanulmant of the TribOJnal's L E s c P e i o n ~ ~ O W - to Jurlsdictioa of Apd 14,1984.

Dewink 9,1988 The Acting Swctttary-Cibnaral ckhm tbat thn DscwQ of A* 14 1988 m g abjdam to tbe Tribunal's jurisdiction ia not aa "award'' as that t a m is wed in Ardcla 52 of the Cbnvmatm aud Arbitration Rule 50, and that. tfiarafom, bu &as mt have the p w e r t o ~ t h e ~ f o x iuanewnt

M d h m I n k r n n ~ N a m $ r c a s ~ 0 v. the RqmMic OlGaiacg ( t h e ARBIW4) - k l m u h d A q p t 1,1988 ~ A l e s i t s ~ M e m ~ August 14 1988 T h e ( % m m h t w L ~ u e g a a ~

Ord#Unmim&'s*~ for WIyofNafarcMltaddtboAward, ~ g t b s p ~ m y f o r thadmsbeiag.

August 18,1988 ~ e a ~ i r s R s b u # a l t o ~ ' s Counter--

Sqmnbg2~ 1988 MINE Piles I tsRejok. Octoh 28,1988 Ths M t W b meem in Wash-

bgtaD.Cwithtfiopdca

Dr. Qhotth R Pharam r. the IEeppbHc 1"hnW (Case -1) S-h'tl T h e ~ ~ t h e R I b u n a l ~

and23,1988 an d d e ~~ hu been mdm&anda&tbnTrlMtotaka ~ O f t h a d i ~ ~ o S t b c t

pmm ta Rala 43(1) oftheArbiwathRules.

N o w r h 21,1988 The Tribunal Issw an Ordw in which it tab note of the &- #1- af tbelJmCedh&.

SocfBt4 dalhles drt Wvam et de Ciesthm SEIWJG S A v, the RcpUblfC d Gabon (COBL ARB#Il) ~ b m 1 9 , 1 9 8 % ScdmcgflmitsMtmorial. January 20,1989 The Republic d Gabon film its

Corn-w*

M d M l O ~ ~ , M o ~ ~ ~ r n ~ , h, MOM Oil New Zsalmd W k r d TS New Zdand Gowmmmt (clrst AmM7/3;) atlpm 24,1988 Ths 'Mhmd isauss a Ruling w

v~nua Octobcr31~ Ttleffrstpmofthsheariqgof* N~amber14~1988 ~ w i t h b ~ l a h e l d h

W- D.C. Nwombca28- T h e d p r r t a C ~ ~ o P d #

Decmk 16,1988 'RlbanJ. with $Is pardm fs beld Pn AucklaPd

~ ~ d P a k l s t s o h G ~ , h b h d ~ ~ ~ d PakMan (CSdbAWtVI4) July 11.1988 A t t b ~ ~ o f ~ ~ t b A

m b u d s ~ s a ~ i s ~ ta enable t8t parum to pmw l m t & m m ~ I o r u r . C h i d m M m a - m d t h e r p r r r o e e d i a g a n t h s ~ that the p m i a have macld a s a - a a d p a l d r r t a p ~ ~ ~ tbismqiaost

Jamry27,1989 T h b M b u n r I ~ o n ~ t e f d n g noraagtballkmhwmofthe ~ p u n r u B m t ~ A r b I ~ Rulo44.

New Additions to the Panels of Conciliators and Arbitrators

P m m A L ~ C O F ~ - ~ ~ * th as OfNOvdm 15,1m P d q b C d W s : Dr.HmentG.=(-),Dr.H.-* qipWmmtX Dr. U.R. Sisbal (mappnhi-1.

The International Chamber of Commerce Hosts a Sixth AAA/IC C/ICSID Colloquium

t h l i t y o f ~ b a n ~ y ~ o n s l ~ t H o w shwld arbitnuam bb mhtd?I Wow is thsir irudispsndsnoe and ~ v s r W i d l a n d ~ ~ ~ ~ p r i m t o ~ c d t e p p o ~ a a d ~ g I l ~ ~ t ~ ~ ? , W b a t ~ r h s s ~ q w l o f t h e l r o b l i g a t i o a 0 f ~ ~ 7 , W h a t i s t h s c o m ~ 8 1 1 M t y t o d b - d d s m t b t b a e n g e T d w b a t s ~ ~ b b g l ~ ~ M d h ~ t h e ~ ? T b a P 4 w s t a d y ~ d t h s q ~ e i a a s ~ ~ a n d ~ a l l a $ d S s o u ~ s d l b a ~

ThantxtooaoqutumwifltakeplaosinthaPallof1989d willr#hosrodbybAAA

U&rtheICSIDCo~onandArMtradonault0,thbps~ h m a y ~ t o h a v a n m u r a s t o a s o l e ~ a r a a y u n - bvanamnbeaoPar;bitrsowrschowwrharrg,mennsrthb~ decida ~ b o ~ 0 3 7 C 2 ) ( b ) o f t h s C o m r o o d o a , t f p a P d e s h a v e n o t ~ ~ t h B t d b r m a l ~ c w e i s t d o n s ~ ~ a p p o i w s d b y s a E h p m y e n d a ~ p d d i a g , e r b i p a - t w ~ t a d b y ~ o f t h c p a r t i a r r . i l c w ~ * i f @ ~ # i mtoooopasattintht~on~lltdl~~h daaingths- -&dmsw,h(3hr tn* w d ~ ' ~ A d m i r r i r s a a t E v s ~ w i l l , ~ ~ 3 8 of thc Canvantion, make Eh4 mi- qpbbmt OT appoint- m ~ n t a a a t h c r ~ a e t o f e k t # s g a r t y , b u t o d y a f h ~ ~ b a t h ~ a s ~ a s p s i b l e " ~ h s t b l l b a c t s a a ~

Other Conferences On T b d a y , OEtQber 20,1988, the Italian ktbltradm Aa-

mchttm oelebmkd the thirtieth annivmq ofits fomdatim~ Thecclahtlon,wtdctrwashclldin~,op#rodwttbaned- hbyHE31 G i u l i o ~ t & i , t b e M i n l a k n r o S ~ g n ~ oflttsly, on t h s x o l s c t f ~ i t r a d ~ i n e h b ~ o n t a ~ l p o r a ~ y world W ~ A n d m r t l i ' a ~ w e m f o l l o w a d b y ~ b y a n u B n b a r o f o t h w s ~ ~ u d E n g ~ ~ ~ o g ICSID, Mr. Ib& FJI. SMhRta In Ma address, Mr. S h h i a h i ~ ~ ~ m b t h a r t t h s I t e l i a n A r b i t r a $ o n ~ m h a s played in p m a h g tb ICSD Oon-a, @ M y in db velaping oouotrla~, and w & d condnusd mopadan be- tw#nthnmbdWiollsh11h-.

' I h e ~ - ~ ~ L d d f i K i d f h b P ~ s a i e s o f JowtrCcs Jwn Robert mgmbd by the Qu&a ~o~ aed rntmmionnl ckxmKdd Arbfmdm cenm Tb JoIvnkes & offlveoae day rhmdy -ions bald& yearmasix r n m t h p e r i o d ~ J o ~ c c o v # s a w i d c ~ c f b ~ b ~ r & l a b o d t ~ t b a a r b l ~ p m c e s s b o r t r o a t h a ~ d t b s i b tkwmional b&, Tb ICSID Convdw d tZK) fact that ~hasmtyetadhesedtoitwasthatirsraagIcoa~~ada ofhfifthaadbtJw&ofthb1988scaiesw&hwasheld onJan~ary 13,1989, Cln tbis ~ ~ 0 0 ~ ~ ~

peotadapaperrrrvibwfngtfie&f-of@lCSID system aad tha pantid advaaga of ICSID msmbmhip to and^. I n ~ w n n a c t i o n , N r . S ~ ~ o u t ~ ~ u r s a ~ I 1 1 4 5 H ) ~ m a n d w n d l i a d w h m t M y

vohtwy anilrnGmbek~0untriw hawno ebltgationtomakeuse ofthe Centam*$ dJlspum seal- M d e s . On the whca had, mmbmhip in ICSPD would tnabb Can&, its bignatad 8uWSvlsioas aDd qemim, as wan as Crmaadian ovmew hvcs- tors,bavr\91tbGmaelvesofthossMti~Ifthsyso- ~ I m ~ I n I a I D i s f r s a ~ t h 8 w d B a n k m6scs~Ccna's~strat ivoOOBtiOfnU n#ByumoP* I C S l D ~ M r . ~ o o ~ ~ v l ~ f b f d a x I M s yet d f d v t arbitmion pmedurma leading to awards that ara nor a~bm to judicial raview In any ofIC3W8 m s m k cow- triae d that can raadily ba darned in b e eountdss, At- tho& 1CS.D bae ae "-- Feeilityn which is availabb ADlrdllipumi invofving aoa- msmbsr- andmIgZrCthlWbb rraedbyCaPsdaandCaaadiae~~*~udsrsndstadrmder thbfadlity &not w t f a o m t h i e ~ o l t h s c w v m - tlon, blchding thm on m3gnitl.061 and aafbrceonant. R d - i n g q u o s t i 0 n a ~ h s d ~ W i a t b o ~ w i t h m p G c t b o

hlICSZD,Mr. S M h a t a r n t h s v a r l - xcmDCondonthsscwldbdoo

m d w ~ N d d ~ t h a t a ~ ~ ~ O a a a d a m i g b t e a o e i n p i a i n g X C S t D ~ h h f ~ ~ 1 ~ w m a r h o l , M r * ~ dxmdthatCdmdi@provinctsh;avd raenxtly ahown l l m & n g w t y t o ~ o a a t a r M W w ~ t l . l & t j o i n - img tht Convendon collld be a Iqglcal nsx like Canada which is involved in a u b @ d a l ~ a s a ~ a a d a h o s t ~ t r y .

Membership in the New York Convention

Investment Laws of the World

On Ocxobm 25,1988, tbe Cbwrmmt af o f g u and Bat- A a a w ~ o f t h s I L W ~ i e ~ t o ~ i n bwta wloe#ded ta tha 1958 C o n v ~ on tha Racognitioa d Much 1989. This rnleaiae wil l include tha kasic iuvetmnt Enfmemnt d Rmip Arbitnil Aw& (b New York Can- lag;idadoa of NO-UB, Rwsnda, Kcm (vpd~te)~ Tuby , vention), w W the GovcmmantdDominSFa~toths New bllpaats) Poland Ycrrk Cpnvantim on O c t o k 28,1988.

With the arxwsim of M c a , tha ntlarbsr of a u s pait% w t b e t h e Y Y O i k ~ a o r i w h a s ~ 7 9 .

Recent Publications on ICSID

kbatz, Sylvia TbeBffect ofthe hmdmant Dacieioaa i n k v. Imimes2a and MlCIck v. C4meroo~ on tba Puma d the I n t a m i d C t a t r a f o r t h e ~ ~ o f I r i v ~ ~ t a s , 3 ~ A m c r i - wn UrSi)~erd@ Jounral $Iffem&wud Law a& Policy 41- 51s (1988).

MIGA Senior Staff Appointed; Standard Contract of Guarantee Approved

The Summer 1988 lesat of N o s h m lCSD that the Caavdm c m b W g the M u P M Invmrmm 4 3 ~ - mteb Agency (MIGA) had catered into fame d that Mr, Bav- kB,Conabla,tbaPdrdaatofthaW~:Id~badalsobcan appoWartbe~&MMAwbslsMr.Y*Ttraallwrl. b s d a m ~ t h e ~ ~ 1 o f E x ~ ~ 0 t i v e V j a ~ o f t h s 4 - y *

S ~ t h o o , t b e ~ m e m b w h l d M [ G A ' s d o r m a n - ~ ~ b a w r b e t p a p p o ~ ThqyrrrsMr.LdghMoUy- wood, the Agency*~ Vim Prddmt fbr -m; Mr. Ghu- san Bt-W, Vim Pdckat for Felicy and Advisory Smb~; Mr. JDha c3xBW1, MOA's ~~~~ aod AdmMWvc . ~ d M t . J ~ r g ~ i V ~ ~ , D e p u t y h d M ~ f t h a Apncy* M r . I b m h i m S h i h a t a , t h e ~ m ~ d - D o d oftbs WwMBank arYd tha Sem4myGmmaI of [=ID, wasadGodtp1u~tbslsgaIworfrI I IMi65AUnflri~~ eounsd fs eppfntea

Oa Jammy 25,1989, dm Agency's B d cd D h m ~ ap p r w c d a ~ t s n d a r d ~ a u d g ~ c o m d l ~ d ~ D c o fbrMI0A W i t h t b I s ~ w l , M l O A i s n o w i n a ~ o n t o cod& Mvldud hv6artm#at g,mmtae COLI- lm tbe h i s dthesLamlatdtexCk

MCtAluscmLhusdt4m&eaprornisIngseartiaiE8fmt ytarof+an. ~ - s i ~ p n l i m i o ; l a y ~ t e e ~ U c a - t b n e f r o m ~ f n p j w t s i n 1 S ~ e ~ h a v e n o w b e e n regwrai T h r r ~ ~ ~ c o m m s n c a d i ~ ~ a a d advjsory. goPnm activi* d tha Fwalga Invwi;mot Ad* m y MCQ, pdously t3dmmw 4 MGA's &ter hdtu- t l o n , t b e ~ o n a l F f a a n c e ~ r a t i ~ ~ ~ ~ h a ~ n o w k s o raconstlfirosd ~lrr a joint fitciliey of MICIA md IFC

~ ~ 0 1 1 m b A I G A ' s ~ ~ ~ b a o b t a Z n s d by writing to the Agcaoy at 1818 H Ekm~ N.W., Waehlogaon, D.C. 20433.

NEWS Fam

ICSID