ICSID Dismisses Georgia’s Objection To Azerbaijani Investor’s Arbitration

Mealey's (June 24, 2022, 10:23 AM EDT) -- WASHINGTON, D.C. — An International Centre for Settlement of Investment Disputes (ICSID) tribunal in a recently published April 19 decision dismissed the state of Georgia’s objection to an arbitration brought by an Azerbaijani telecommunications investor after finding that contrary to the objection, the investor complied with a requirement for interstate negotiation under the two nations’ bilateral investment treaty (BIT) by notifying Georgia of the dispute....