ICSID Tribunal Stays Arbitration To Review Georgia-Azerbaijan BIT

(April 9, 2021, 10:34 AM EDT) -- WASHINGTON, D.C. — An International Centre for Settlement of Investment Disputes (ICSID) tribunal in a decision published April 7 suspended proceedings on the merits of an Azerbaijani telecommunications investor’s claim against Georgia to address whether the bilateral investment treaty under which the claims were brought requires diplomatic negotiations between the two states before arbitration can take place....

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