ICSID Issues Order Suspending Treaty Arbitration Against Venezuela

ICSID Issues Order Suspending Treaty Arbitration Against Venezuela

WASHINGTON, D.C. - A tribunal for the International Centre for Settlement of Investment Disputes (ICSID) on Sept. 16 adopted an agreement between an international holding company and the Bolivarian Republic of Venezuela to suspend bilateral investment treaty arbitration (Universal Compression International Holdings S.L.U. v. The Bolivarian Republic of Venezuela, No. ARB/10/9, ICSID).

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