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I.B.R.D.: Convention on Settlement of Investment Disputes Between States and Nationals of Other States*

Published online by Cambridge University Press:  04 April 2017

Abstract

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Type
Treaties and Agreements
Copyright
Copyright © American Society of International Law 1965

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Footnotes

*

[Reproduced from a text issued by the International Bank for Reconstruction and Development. The convention appears following the report of the Executive Directors. It was submitted to governments by the Executive Directors of the Bank on March 18, 1965.]

References

4) Article 38(1) of the Statute of the International Court of Justice reads as follows:

“1. The Court, whose function it is to decide in accordance with international law such disputes as are submitted to it, shall apply:

a. international conventions, whether general or particular, establishing rules expressly recognized by the contesting states;

b. international custom, as evidence of a general practice accepted as law;

c. the general principles of law recognized by civilized nations;

d. subject to the provisions of Article 59, judicial decisions and the teachings of the most highly qualified publicists of the various nations, as subsidiary means for the determination of rules of law.”

* [Reproduced from a text issued by the International Bank for Reconstruction and Development. The convention was submitted to governments by the Executive Directors of the Bank on March 18, 1965. The accompanying report of the Executive Directors appears at page 524.]