Contentsicsidfiles.worldbank.org/icsid/Annual Reports... · Dear Mr. Chairman: Pursuant to Administrative and Financial Regulation 4(4), I hereby submit to the Administrative Council

Contents Page

Letter of Transmittal .................................................................................................... 2 Highlights of the Year ..................................................................................................

Thirteenth Annual Meeting of the Administrative Council ........................................ The Additional Facility ................................................................................................ 3 Cooperation with the Asian-African Legal Consultative Committee ........................ The Panels ...................................................................................................................... 4

3 Signatures and Ratifications ........................................................ ......................... ...... 3

3

3

Advance Acceptance of the Jurisdiction of the Centre ......................................... 4 Disputes Submitted to the Centre ................................................................................ 4 Finance ............................................................................................................................ 5 Publications .................................................................................................................... 5

Annexes 1 . List of Contracting States and Other Signatories of the Convention ............ 7 2 . Members of the Administrative Council and Officials of the Centre .............. 9 3 . List of the Members of the Panels of Conciliators and Arbitrators ................ 10 4 . Provisions Relating to ICSlD in International Agreements and National

Investment Laws ................................................................................................ 21 5 . Resolutions of the Administrative Council ........................................................ 35 6 . Agreement with the Asian-African Legal Consultative Committee ................ 36 7 . Report and Financial Statements ...................................................................... 38 8 . Publications of ICSlD .......................................................................................... 40 9 . Legal Bibliography Relating to the Centre ...................................................... 41

2

international Centre for Settlement of lnvestment Disputes

August 18, 1980

Dear Mr. Chairman:

Pursuant to Administrative and Financial Regulation 4(4), I hereby submit to the Administrative Council for its approval the Annual Report on the operation of the International Centre for Settlement of Invest- ment Disputes required by Article 6(l)(g) of the Convention on the Settlement of Investment Disputes between States and Nationals of Other States. This Fourteenth Annual Report covers the fiscal year July 1, 1979 to June 30, 1980.

The report includes the audited financial statement of the Centre, presented pursuant to Administrative and Financial Regulation 18.

Sincerely yours,

c

A. Broches Secretary-General

Mr. Robert S. McNamara Chairman Administrative Council international Centre for Settlement of Investment Disputes

Highlights ef the Year During the year under review: - the number of Contracting States in-

creased from 75 to 79; - the number of Signatory States increased

from 80 to 84; - one pending arbitration proceeding was

terminated by an award. An amicable settlement was arrived at in another case and proceedings in a third case were continu- ing; and

- an agreement was signed among the Asian-African Legal Consultative Commit- tee, the Regional Centre for Commercial Arbitration (Cairo) and ICSID, providing for cooperative arrangements between ICSID and the Cairo Centre.

~ j ~ ~ ~ ~ u r e s and ~ ~ ~ i ~ i c a ~ i o n s During fiscal year 1980, the Convention

was signed by Saudi Arabia (September 28, 1979), the Solomon Islands (November 12, 1979), Bangladesh (November 20,1979), and Israel (June 16, 1980), bringing the number of Signatories to 84. Instruments of ratification were deposited by Rwanda (November 14, 1979), Bangladesh (April 26, 1980), New Zealand (May 2, 1980), and Saudi Arabia (June 7, 1980). At June 30, 1980, there were 79 Contracting States. A list of Contracting States and other Signatories of the Conven- tion appears in Annex 1.’

Thirteenth Annual Meeting of the Administrative Council

The Thirteenth Annual Meeting of the Ad- ministrative Council was held in Belgrade on October 4, 1979, in conjunction with the Annual Meeting of the Board of Governors of the World Bank. At this meeting the Council approved the Thirteenth Annual Re- port on the operation of the Centre and the

1Also available as Document ICSID/3, updated from time to time as required.

budget for Fiscal Year 1980. It also adopted a resolution authorizing certain adrninistra- tive arrangements relating to the place of proceedings. The resolutions are repro- duced in Annex 5.

The Additional Facility The Additional Facility Rules, an anno-

tated version of which is available on request from the Centre,? are designed to be used in proceedings between a State and a private investor where the State is not a Contracting State or the investor is not a national of a Contracting State; in proceedings where the legal dispute does not arise directly out of an investment; and in facl-finding proceedings. During the past fiscal year no agreement contemplating recourse to the Additional Facility proceedings has been submitted for approval to the Secretary- General.

Cooperation with the Asian-African Legal Consultative Committee

As noted in last year’s Annual Report, an agreement was signed in February 1979 among the Asian-African Legal Consultative Committee (AALCC), the Regional Centre for Commercial Arbitration (Kuala Lumpur), established by the AALCC, and ICSlD providing for reciprocal assistance in connection with proceedings conducted under the auspices of ICSID and the Kuala Lumpur Centre respectively.3 A similar agreement was signed on February 6, 1980, among ICSID, the AALCC and the Regional Centre for Com- mercial Arbitration (Cairo). The agreement was signed for ICSID by the Secretary- General, for the AALCC by its Secretary- General, Mr. B. Sen, and for the Cairo Centre by its Director, Mr. A. R. Khafagy. The text of the latter agreement, which was entered into

2 Document ICSIDI l l IRev. 1. 3 See Thirteanth Annual Report 1978/1979, Annex 6. 3

by ICSlD pursuant to Resolution 44 adopted at the Thirteenth Annual Meeting, is repro- duced in Annex 6.

As a result of the conclusion of the two agreements with the AALCC, parties may now, pursuant to Article 63 of the Conven- tion, choose Cairo or Kuala Lumpur as the seat of ICSID conciliation or arbitration proceedings.4 The signing ceremony in Cairo was presided over by His Excellency the Minister of Justice, Mr. Anwar A. Abou Sehly. Mr. Sen and the Secretary-General of ICSID delivered lectures on their respective institutions.

Mr. Sen attended the Thirteenth Annual Meeting of ICSlD as a representative of the AALCC, and the Secretary-General of ICSlD attended the Twenty-first Session of the AALCC in Jakarta on April 24-May I, 1980.

The Panels As of June 30, 1980, forty-four States had,

pursuant to Article 13(1) of the Convention, designated persons to serve on the Panel of Conciliators and on the Panel of arbitrator^.^ One hundred forty-eight conciliators and one hundred forty-six arbitrators had been designated by Contracting States, and one arbitrator had been designated by the Chair- man of the Administrative Council pursuant to Article 13(2) of the Convention.

Parties to proceedings before the Centre may choose conciliators and arbitrators from the Panels but are not required to do so. The Chairman, however, when called upon to appoint members of Conciliation Commissions and Arbitral Tribunals is required to select persons from the Centre’s Panels. Contracting States that have not yet done so, are, therefore, urged to make the necessary designations, so as to give the Chairman a wide choice of qualified persons when making such appointments.

Advance Acceptance of the Jurisdiction of the Centre

Article 25(1) of the Convention requires that parties consent in writing to submit dis-

putes to the Centre. To assist parties to investment agreements wishing to provide for ICSID jurisdiction, the Centre has prepared a set of model clauses which takes into account all necessary jurisdictional require- ments of the Convention.6 It also has available a document indicating actions taken by Contracting States as to exclusion of territories, designation of constituent subdivi- sions or agencies to whose investment disputes the jurisdiction of the Centre ex- tends, notifications that no approval by the State is required for the consent by a constituent subdivision or agency to the jurisdiction of the Centre, and notifications of the class or classes of disputes which the State would or would not consider submitting to the jurisdiction of the Centre.’

Parties, however, are not required to re- cord their consent in the same instrument, and a Contracting State could, for example, give its consent in an investment law or a bilateral treaty. References to ?he Centre in national legislation and in bilateral treaties between capital exporting and capital im- porting States have been increasing steadily. Annex 4 gives an up-to-date list of all such laws and treaties.

Disputes Submitted to the Centre During the past year one case was termi-

nated by an award. In the two cases still pending before the Centre at June 30, 1980, awards were expected to be rendered within a few months.

Earlier data regarding proceedings pending at June 30, 1979, and data concerning proceedings terminated before that date may be found in Annex 6 of the Eleventh Annual Report (1976-77), pages 5 and 6 of the Twelfth Annual Report (1977-78), and pages 5 and 6 of the Thirteenth Annual Report (1 978-79).

(1) AGlP SPA v. Government of the People’s Republic of the Congo (Case ARB/77/1)

August 30 and 31, 1979: Meeting cf the Tribunal in Paris, both parties being present.

~

4Pursuant to the agreement concluded with the Permanent Court of Arbitration (April 23/May 1, 1968), parties may

A also choose The Hague as the seat of ICSlD proceedinqs. 4 5See Annex 3.

6 Documents lCSlDl5 and ICSIDIG. 7 Document ICSID/8.

The Tribunal hears testimony on behalf of the Claimant and statements by counsel for the two parties.

September 1, 1979: The Tribunal declares the proceeding closed.

November 30, 1979: The Tribunal renders a unanimous award.

(2) Societe Ltd. Benvenuti & Bonfant srl v. Government of the People’s Republic of the Congo (Case ARB/77/2)

September 1979: The parties inform the Tribunal that they have failed to reach an amicable settlement.

November 6, 1979: The Tribunal, at the request of the Respondent, convokes the parties for further oral proceedings in Paris on November 12 and 13,1979.

November 12 and 13, 1979: Meeting of the Tribunal in Paris, both parties being present. The Tribunal hears testimony on behalf of the Claimant and the Respondent and staie- ments by counsel for the two parties.

November 14, 1979: The Tribunal, in accordance with Arbitration Rules 25 and 40, invites the Respondent to file a counter- memorial and any ancillary claims by De- cember 21, 1979, and the Claimant to file its observations on such claims not later than January 31,1980.

February 27, 28 and 29, 1980: Meeting of the Tribunal in Paris, without the parties, to deliberate on the counter-memorial, ancillary claims and observations filed by the parties.

(3) Guadalupe Gas Products Corporation v. The Federal Military Government of Nigeria (Case ARB/78/1)

September 20,1979: Respondent requests extension of time limit for filing of counter- memorial.

October 1, 1979: Pursuant to Arbitration Rule 25(2), the President of the Tribunal ex- tends the time limit for filing of the counter- memorial to December 3,1979.

December 3, 1979: Receipt by the Centre of Respondent’s counter-memorial.

January 4, 1980: The Claimant informs the Centre that the parties have entered into an

agreement providing for the settlement of their dispute.

April 22, 1980: The Respondent requests in writing pursuant to Arbitration Rule 43(2), that the Tribunal embody the parties’ settlement agreement in an award.

May 2, 1980: The Claimant confirms its agreement to request the Tribunal to embody the parties’ settlement agreement in an award pursuant to Arbitration Rule 43(2).9

Finance The Financial Statement of the Centre for

Fiscal Year 1980 is set forth in Annex 7. The expenditures of the Centre were again covered entirely by the value of the services and facilities made available by the World Bank free of charge pursuant to the Memo- randum of Administrative Arrangements concluded between the Bank and the Centre in February 1967,’O and by income from the sale of publications. Thus it was not necessary to assess any excess expenditures to the Contracting States pursuant to Article 17 of the Convention.

The Centre’s expenses which are attributable to the pending arbitration proceedings are borne by the parties in accordance with the Centre’s Administrative and Financial Regulations. In accordance with these Reg- ulations, the Secretary-General calls on the parties from time to time to make advance deposits to defray the expenses of the proceedings.

Publications Annex 8 gives a list of publications pre-

pared by the Centre and available, for the most part, free of charge.

A bibliography, which lists publications containing the official texts of the Conven- tion and unofficial translations, the Institu- tion, Conciliation and Arbitration Rules, and books, articles and reports concerning the Convention and the Centre, is being periodically brought up to date and is available from the Centre on request.

8 Since October 1, 1979, the Federal Government of Nigeria.

9 Award rendered by the Arbitral Tribunal on July 22, 1980. 10The text of which is set forth in Annex 5 of the First 5 Annual Report, in relation to AC(M)RES/S,

The Centre prepared during the past year a new volume for the loose-leaf service “lnvestment Laws of the World”. Eleven volumes are available. The laws of 59 countries have now been published (Afghanistan, Be- nin, Botswana, Burundi, Cameroon, Central African Republic, Chad, Congo, Cyprus, Egypt, Ethiopia, Fiji, Gabon, Gambia, Ghana, Greece, Guinea, Guyana, Indonesia, Ivory Coast, Jamaica, Jordan, Kenya, Korea, Lesotho, Liberia, Madagascar, Malawi, Ma- laysia, Mali, Mauritania, Mauritius, Morocco, Nepal, Niger, Nigeria, Pakistan, Papua New Guinea, Philippines, Romania, Rwanda, Senegal, Seychelles, Sierra Leone, Singa-

pore, Somalia, Sri Lanka, Sudan, Swaziland, Taiwan, Togo, Trinidad and Tobago, Tuni- sia, Uganda, Upper Volta, Western Samoa, Yugoslavia, Zaire, and Zambia).

The service is being published and sold commercially by Oceana Publications, Inc. of Dobbs Ferry, New York. It deals on a country-by-country basis with internal law and international agreements affecting foreign investment, and consists of a cornpila- tion of constitutional, legislative, regulatory and treaty materials. It is periodically updated and supplemented as necessary. A brochure concerning the service is available from the publisher or the Centre on request.

6

Annex 1

S ~ a ~ ~ ~ and Other riss (As of June 30, 1980)

The 84 States listed below have signed the Convention on the dates indicated. The names of the 79 States that have deposited instruments of ratification are capitalized, and the dates of such deposit and of the attainment of the status of Contracting State by the entry into

-

force of the Convention for each of them are also indicated.

State Deposit of

Signature Ratification

AFGHANISTAN Australia AUSTRIA BANGLADESH BELGIUM

BENIN, PEOPLE'S REPUBLIC OF BOTSWANA BURUNDI CAMEROON CENTRAL AFRICAN REPUBLIC

CHAD CHINA COMOROS CONGO, PEOPLE'S REPUBLIC OF THE CYPRUS

DENMARK EGYPT, ARAB REPUBLIC OF Ethiopia FIJI FINLAND

FRANCE GABON GAMBIA, THE GERMANY, FEDERAL REPUBLIC OF GHANA

GREECE GUINEA GUYANA ICELAND INDONESIA

Ireland Israel ITALY IVORY COASl JAMAICA

JAPAN JORDAN KENYA KOREA, REPUBLIC OF KUWAIT

Sep 30, 1966 Mar 24, 1975 May 17, 1966 Nov 20, 1979 Dec 15,1965

Sep 10,1965 Jan 15,1970 Feb 17, 1967 Sep 23,1965 Aug 26,1965

May 12, 1966 Jan 13,1966 Sep 26,1978 Dec 27,1965 Mar 9,1966

Oct 11,1965 Feb 11,1972 Sep 21,1965 Jul 1,1977 Jul 14,6967

Dec 22,1965 Sep 21,1965 Oct 1, 1974 Jan 27,1966 Nov 26,1965

Mar 16,1966 Aug 27, 1968 Jut 3,1969 Jul25,1966

Feb 16,1968

Aug 30,1966 Jun 16,1980 Nov 18,1965 Jun 30,1965 Jun 23,1965

Sep 23,1965 Jul14,1972

May 24,1966 Apr 18,1966 Feb 9,1978

Jun 25,1968

May 25, 1971 Mar 27,1980 Aug 27,1970

Sep 6,1966 Jan 15,1970 Nov 5,1969 Jan 3,1967 Feb 23,1966

Aug 29,1966 Dec I O , 'I 968 Nov 7,1978 Jun 23,1966 Nov 25,1966

Apr 24,1968 May 3,1972

Aug 11,1977 Jan 9,1969

Aug 21,1967 Apr 4, 1966 Dec 27,1974 Apr 18,1Y69 Jul13,1966

Apr 21,1969 Nov 4,1968 Jul 11, 1969 Jul25,1966

Sep 28,1968

Mar 29, 1971 Feb 16,1966 Sep 9,1966

Aug 17,1967 Oct 30, 1972 Jan 3,1967 Feb 21,1967 Feb 2,1979

Entry into Force of Convention

Jul 25, 1968

Jun 24,1971 Apr 26,1980 Sep 26,1970

Oct 14,1966 Feb 14,1970 Dec 5,1969 Feb 2,1967 Oct 14, 1966

Oct 14,1966 Jan 9,1969

Dec 7,1978 Oct 14, 4966 Dec 25,1966

May 24,1968' Jun 2, 1972

Sep 10,1977 Feb 8,1969

Sep 20,1967 Oct 14,1966 Jan 26,1975 May 18, 196g2 Oct 14, 1966

May 21, 1969 Dec 4,1968 Aug 10,1969 Oct 14,1966 Oct 28, 1968

Apr 28,1971 Oct 14,1966 Oct 14, 1966

Sep 16,1967 Nov 29, 1972 Feb 2,1967 Mar 23, 1967 Mar 4,1979

1 Denmark excluded, by a notification received on May 15, 1968, the Faroe islands: by a notification received on October 30, 1968, Denmark extended the application of the Convention to the Faroe Islands as of January 1, 1969.

2 Germany declared, on depositing its instrument of ratification, that the Convention would also apply to the Land Berlin. 7

8

State Deposit of Entry into Force

Signature Ratification of Convention

LESOTHO LIBERIA LUXEMBOU RG MADAGASCAR MALAWI

MALAYSIA MALI MAU RlTAN IA MAURITIUS MOROCCO

NEPAL NETHERLANDS NEW ZEALAND NIGER NIGERIA

NORWAY PA Kl STAN PAPUA NEW GUINEA PHI LlPPl NES ROMANIA

RWANDA SAUDI ARABIA SENEGAL SEYCHELLES SIERRA LEONE

SINGAPORE Solomon Islands SOMALIA SRI LANKA SUDAN

S WAZl LAN D SWEDEN SWITZERLAND TOGO TRINIDAD AND 7’0BAGO

TUNISIA UGANDA UNITED KINGDOM OF GREAT

UNITED STATES OF AMERICA UPPER VOLTA

WESTERN SAMOA YUGOSLAVIA ZAIRE ZAMBIA

BRITAIN AND NORTHERN IRELAND

Sep 19,1968 Sep 3,1965 Sep 28, 1965 Jun 1,1966 Jun 9,1966

Oct 22,1965 Apr 9, 1976 Jul 30,1965

Jun 2,1969 Oct 11,1965

Sep 28, 196.5 May 25, 1966 Sep 2,1970 Aug 23,1965 Jul 13,1965

Jun 24,1966 Jul 6, 1965 Oct 20, 1978 Sep 26,1978 Sep 6,1974

Apr 21, 1978 Sep 28,1979 Sep 26,1966 Feb 15,1978 Sep 27,1965

Feb 2, 1968 Nov 12,1979 Sep 27, 1965 Aug 30,1967 Mar 15,1967

Nov 3,1970 Sep 25,1965 Sep 22, 1967 Jan 24,1966 Oct 5, 1966

May 5, 1965 Jun 7,1966

May 26, 1965 Aug 27, 1965 Sep 16,1965

Feb 3, 1978 Mar 21, 1967 Oct 29, 1968 Jun 17, 1970

Jul 8,1969 Jun 16, 1970 Jul 30,1970

Sep 6,1966 Bug 23,1966

Aug 8,1966 Jan 3, 1978 Jan 11,1966 Jun 2,1969 May 11,1967

Jan 7,1969 Sep 14,1966 Apr 2,1980 Nov 14,1966 Bug 23,1965

Aug 16,3967 Sep 15,1966 Oct 20, 1978 Nov 17,1978 Sep 12,1975

Oct 15,1979 May 8,1980 Apr 21,1967 Mar 20,1978 Bug 2,1966

Oct 14, 1968

Feb 29,1968 Oct 12,1967 Apr 9,1973

Jun 14,1971 Dec 29,1966 May 15,1968 Aug 11,1967 Jan 3,1967

Jun 22,1966 Jun 7,1966

Dec 19,1966 Jun 10,1966 Aug 29,1966

Apr 25,1978 Mar 21, 1967 Apr 29, 1970 Jun 17,1970

Aug 7,1969 Jul 16,1970

Aug 29, 1970 Oct 14, 1966 Oct 14,1966

Oct 14, 1966 Feb 2,1978 Oct 14, ’1966 Jul 2, 196g3

Jun 10,1967

Feb 6,1969 Oct 14, 196€j4

May 2, 19805 Dec 14,1966 Oct 14, I966

Sep 15,1967 Oct 15,1966 Nov 19,1978 Dec 17,1978 Oct 12,1975

Nov 14,1979 Jun 7,1980

May 21,1967 Apr 19,1978 Oct !4,1966

Nov 13,1968

Mar 30,1968 Nov 11,1967 May 9,1973

dul 14, 197’16 Jan 28,1967 Jun 14,1968 Sep 10,1967 Feb 2,1967

Oct 14,1966 Oct 14,1966

Jan 18, 19677 Oct 14,1966 Oct 14,1965

May 25,1978 Apr 20,1967 May 29,1970 Jul 17,1970

3 Until Mauritius attained its independence on March 12, 1968, it was covered by the ratification of the United Kingdom.

4 On depositing its instrument of ratification, the Netherlands restricted the application of the Convention to the Kingdom in Europe; by a notification received on May 22, 1970, the Netherlands withdrew that restriction and thus extended the application of the Convention to Suriname and the Netherlands Antilles; Suriname having attained independence on November 25, 1975, the Convention ceased to be applicable to Suriname as of that date.

5 On depositing its instrument of ratification, New Zealand, pursuant to Article 70 of the Convention, excluded from its coverage the Cook Islands, Niue and Tokelau.

6 Until Swaziland attained its independence on September 6, 1968, i t was covered by the ratification of the United Kingdom.

?The United Kingdom, pursuant to Article 70 of the Convention, excluded from its coverage the following territories for whose international relations it is responsibie: Jersey,, isle of Man, Southern Rhodesia, Brunei, British indian Ocean Territory, Pitcairn Islands, British Antarctic Territory, Sovereign Base Area of Cyprus, and New Hebrides. By a notification received on June 27, 1979, the United Kingdom extended the application of the Convention to Jersey as of July 1 , 1979.

ci lai

(As of June 30, 1980) Chairman of the Administrative Council Robert S. McNamara, ex officio as

President, International Bank for Reconstruction and Development

Contracting State Representative 1 Alternate 1

Afghanistan Abdul Wakil 2 Khair Mohammad Sultani Austria Hannes Androsch Robert Pollak Bangladesh Saifur R:hman A. M. A. Muhith Belgium P. Hatry Cecil de Strycker Benin, Peopie's Rapubiic of Abou Bakar BaFa-Moussa Botswana MI. D. Mokama Q. K. J. Masire Burundi Astere Girukwigomba Jean Ndimurukundo Cameroon Youssoufa Daouda Louis-Ciaude Nyassa Central African Republic Jean-Pierre Le Bouder Zoungoula Abei Chad Laoukissam Feckoila Slayo Ngartando China Comoros Said Kafe Si Mohamed Nacr-ed-Dine Congo, Peopie's Rep. of the Pierre Moussa Andre Batanga Cyprus A. C. Afxentiou Denmark Kjeld Olesen Kaj Repsdorph Egypt, Arab Republic of Fiji Charles Walker Winston Thompson Finland Pirkko Tyolajarvi Annikki Saarela France Renaud de ia Geniere Marcel Theron Gabon Pascal Nze J. Felix Mamaiepot Gambia, The Alhajl Mohamadu Cadi Cham T. G. G. Senghore Germany, Fed. Republic of Hans Matthoefer Rainer Offergeld Ghana Amon Nikoi Ebenezer Lartey Nyakotey Greece John Boutos John Paleokrassas Guinea Saikou Barry Mohamed Lamlne Tour6 Guyana F. E. Hope C. 6. Hinds Iceland Tomas Arnason Ragnar Arnalds Indonesia Rachmat Safeh Soegito Sastromidjojo Italy Carlo Ciampi Felice Ruggiero Ivory Coast Abdoulaye Kond Leon Naka Jamaica R. P. Small . Kingsiey Robotharn l Japan Michio Watanabe Haruo Mayekawa Jordan Hanna Salim Odeh Hashim A. Dabbas Kenya Mwai Klbaki Nicholas Nganga Korea, Republic of Seung-Yun Lee Joon Sung Kim Kuwait Abdul Rahman Salim AI-Ateeqy Abdiatif Y. AI-Kamad Lesotho E. R. Sekhonyana Q. Moil Liberia Perry G. Zulu Togba Nah-Tipoteh Luxembourg Ernest Muehien Raymond Kirsch Madagascar Rakotovao Razakaboana Rajaona Andriarnananjara Malawi Louis Joseph Chimango J. 8. L. Maiange Malaysia Tengku Razaleigh Hamzah Tan Sri Thong Yaw Hong Mali Robert Tibbld N'Daw lbrahima Bocar Ea Mauritania Ahmed Ould Zein M'Rabih R. 0. Chekh Bouena Mauritius Rabindrah Ghurburrun Madhukarlali Baguant Morocco Abdelkamel Rerhaye Abdelkader Sensiimane Nepal Yadav Prasad Pant Goraksha Bahadur N. Pradhan Netherlands J. de Koning New Zealand N. V. Lough 2 C. H. Terry 2 Niger Mai-Mai-Gana Mahamane Annou Nigeria K. K. A. Keazor * Abubakar ALhaji Norway Ulf Sand Ketil Bidrde Pakistan Ghuiam lshaq Khan Aftab Ahmad Khan Papua New Guinea John Rumet Kaputin Mekers Morauta Philippines Cesar E. A. Virata Jaime C. Laya Romania Paul Niculescu-Mizil Gheorghe Popescu Rwanda Denis Ntirugirimbabazi Jean Damascene Munyarukiko Saudi Arabia Mohamed Abalkhail Khalid Mohammed Senegal Louis Alex?ndrenne Matar Seye Seychelles Guy Morel Sierra Leone Francis M. Minah J. Amara-Bangali Singapore Hon Sui Sen J, Y. M. Pillay Somalia Abdullahi Ahmed Addou Omar Ahmed Omer Sri Lanka Ronnie de Mei W. M. Tilakaratna Sudan Nasr Eldin Mustafa Mirghani Mohamed Ahmed 2 Swaziland V. E. Sikhondze Timothy M. J. Zwane Sweden Gosta Bohman Hans Blix Switzerland Raymond Probst Roger Grossenbacher * Togo Koudjolou Dogo E. K. Agbobii Trinidad and Tobago Eric Williams F. Barsotti Tunisia Mansour Moalla Salah M'Barka Uganda Lawrence Sebalu Einea 8. K. Ntate United Kingdom Gordon Richardson Sir Douglas Wass United States G. William Miller Richard N. Cooper Upper Volta Georges Sanogoh Pierre Tahita Western Samoa Vaovasamanaia R. P. Phillips Maiava lulai Toma Yugoslavia Petar Kostib Gavra Popovi; Zaire Bofossa w'Amb'ea Nkoso Bazundama Mbandanu Luzurnbulu Zambia Kebby S. K. Musokotwane Lloyd C. Sichilongo

Abdel Razak Abdei Meguid 2 M. Samir Koraiem

A. P. J. M. M. van der Stee

Secretary-General A. Broches

1 Except for the persons indicated by an asterisk(*) the Representatives and Alternates named are, respectively. Governors or Alternate Governors of the Bank, skrving ex officio on the Administrative Council, pursuant to Artlcle 4(2) of the Convention.

2 Appointment effective after June 30, 1980. 9

(As of June 30, 1980)

rity: Contracting State CONTRACTiNG

STAT5 NAME * * Terminal Date Panel Title of Designation **’

AUSTRIA c c

A

c c

A

A

w

BELGIUM A

C

C

A

A

C

C

A

Dr. Ladislaus BLASCHEK

Dr. Helmut HASCHEK

Kontrollbank AG

Bundeskammer der gewerblichen Wirtschaft

Chairman, Board of Executive Directors, Oesterreichische

Dr. Demetre KALUSSIS

Dr. Werner MELIS

Dr. Wolfgang OEHLER

Em. Professor, Wirtschaftsuniversitat

Director, Austrian Federal Economic Chamber of Commerce

Chief Manager, International Division, Oesterreichische Landerbank AG

Dr. Philipp RIEGER

Dr. Guido Nikolaus SCHMIDT-CHIARI

Dr. Fritz SCHOENHERR

Board of Directors, Oesterreichische Nationalbank

Member of the Board, Creditanstalt-Bankverein

Professor, University of Vienna

Baron Hubert J. N. ANSIAUX

M. Paul H. F. CALLEBAUT

M. Andre DEQUAE

Gouverneur honoraire de la Banque Nationale de Belgique

President de la Societe Nationale de Credit a I’lndustrie

Ancien Ministre, President honoraire de la Chambre des Representants

M. Franz DE VOGHEL

M. Robert P. HENRION

M. Maurits NAESSENS

President de I’lnstitut de Reescompte et de Garantie

Professeur d’Universit6

President honoraire de la Banque de Paris et des Pays-Bas, Belgique

Professeur F. ROGIERS

Baron J. VAN HOUTTE Professeur A I’Universit6 de Gand

Ministre d’Etat et Ancien Premier Ministre

BENIN, PEOPLE’S REPUBLIC OF C M. Antoine BOYA

C Administrateur civil en retraite

President honoraire de la Chambre de Commerce et d’lndustrie M. Pierre A. M. FOURN

du R.P.B. A Me Louis IGNATIO-PINTO

Juge a la Cour Internationale de Justice

:ill 3,6884

Jul 3,1984

Jul 3,1984

Jul 3,1984

Jul 3,1984

Jul 3,1984

Jul 3,1984

Jul 3,1984

Jun 6,1983

Apr 12,1985

Apr 12,1985

Jun $7,1983

Jun 6,1983

Apr 12,1985

Jun 17,1983

Jun 6,1983

Nov 30,1981

Nov 30,1981

Nov 30,1981

10

C = Conciilator; A = Arbitrator. * * Except as otherwise indicated by a footnote, each Panel Member is a national of the Contracting State which

**’ Pane! members whose terms have expired shall, i n accordance with Article 15(3) of the Convention, continue designated him.

in office until their successors nave been designated.

CONTRACT1 NG STATf Panel

NAME *‘ Title

Terminal Dat!*. of Designation

CENTRAL AFRICAN REPUBLIC A

A

C

C

C

C

CHINA C

A

A

C

CYPRUS C A

C A

C A

C A

DENMARK C A

C A

C A

C A

FINLAND C A

FRANCE C A

A

C

M. Victor BOUCHER Directeur General du Commerce et de I’lndustrie

M. Celestin GAOMBALET Directeur au Commissariat au Tresor Public

M. Michel GRISS-BEMBE Procureur General pres de la Cour Supreme

M. Sobangue LEVY Conseiller a la Cour d’Appel

M. Fidele MANDABA-BORNOU President de la Cour Supreme

M. Joseph MANDE-DJAPOU Conseiller a la Cour Supreme

Mr. Hsioh-kwen SHAO

Economic Affairs Mr. Paul Chung-Tseng TSAl

Dr. Joseph K. TWANMOH

Mr. Philip WANG

Deputy Director-General, Board of Foreign Trade, Ministry of

Attorney-at-Law

Attorney-at-Law

Representative of Taiwan Investment Services

Mr. Nicos G. DlMlTRlOU

Mr. Paschalis L. PASCHALIDES

Mr. Criton G. TORNARITIS

Mr. Michael A. TRIANTAFYLLIDES

Former Ambassador of Cyprus

Executive Chairman, Hellenic Mining Co., Ltd.

Attorney-General

President, Supreme Court

Mr. I. FOIGHEL Professor, LL.D.

Mr. Henning KROG High Court Judge

Mr. Hans TOPSbE-JENSEN President, the Maritime and Commercial Court

Mr. Jprrgen TROLLE Retired President of the Supreme Court

Dr. Bengt H.G.A. BROMS Professor of International and Constitutional Law, University of

Helsinki

M. Jean-Jacques DE BRESSON Conseiller d‘Etat

M. Rene Jean DUPUY Professeur, Faculte de Droit et des Sciences Economiques de

Nice M. Jean PORTEMER

Conseiller la Cour de Cassation

Aug 28,1980

Bug 28,1980

Aug 28,1980

Aug 28,1980

Aug 28,1980

Aug 28,1980

May 20,1981

May 20, 1981

May 20,1981

May 20, 1981

Sep 5,1985

Sep 5,1985

Sep 5,1985

Sep 5,1985

Sep 20,1985

Sep 20,1985

Sep 20,1985

Sep 20,1985

Dec 6,1980

Jun 17,1980

Jun 17,1980

Jun 17,1960

(conilnued)

11

(continued)

12

CONTRACTING STAT5 Panel

NAME * * Title

Terminal Date of Deslgnallon * * *

FRANCE (continued) C A M. Paul J. M. REUTER Jun 17, 1980

Professeur, Universite de Droit, d'Econornie et de Sciences Sociales de Paris

Jun 17,1980

Jun 17,1980

C M. Henry TOUBAS

A M. Michel VIRALLY Avocat General a la Cour de Cassation

Professeur h I'Universite de Droit, d'Econornie et de Sciences Sociales de Paris

GABON Jun 24,1978 C A M. Leon AUGE

C A M. Jean-Pierre LEMBOUMBA Jun 24,1978

C A M. Marc MBA-NDONG Jun 24,1978

Ministre delegue a la Presidence de la Republique

Commissaire au Plan

Secretaire General du Ministere des Affaires Economiques, du Commerce et de I'Economie Rurale

C A M. Jean Franqois NTOUTOUME Jun 24, '1978 Secretaire General du Conseil Gabonais des Chargeurs

GERMANY, FEDERAL REPUBLIC OF c

A

A

A C

A

C

c

GHANA A

C C

A

C

A C

A

Dr. Ernst G. BROEDER Vorsiandsrnitglied KfW

Dr. Ottoarndt GLOSSNER Rechtsanwalt und Notar

Dr. Theodor HElNSlUS Chief Corporation Lawyer, Dresdner Bank AG

Prof. Dr. Gunther JAENICKE Dr. Paul KREBS

Dr. Guenther SCHMIDT-RAENTSCH

Mr. Rudiger VON TRESCKOW

Dr. Hans A. WUTTKE

Generalbevollrnachtigter Deutsche Bank AG

Director, Dept. for Civil Law, Federal Ministry of Justice

Geschaftsinhaber der Berliner Handels- und Frankfurter Bank

Member, Management Board, Dresdner Bank AG

The Hon. Mr, Justice I. K. ABBAN

Mr. A. E. ANlN Mr. J. ARTHUR

Barrister-at-Law Dr. S.K.B. ASANTE

Senior Adviser, UN Centre on Transnational Corporations The Hon. Mr. Justice G.R.M. FRANCOIS

Judge of the Supreme Court Dr. G. KORANTENG-ADDOW Mr. T. A. TOTOE

Barrister-at-Law Mr. C.B.K. ZWENNES

Barrister-at-Law

High Court Judge

Apr 14,1982

Jul29,1982

Jul29, 1982

Apr 14,1982 Apr 14,1982

Jul29,1982

Apr 14,1982

Apr 14,1982

Jun 30,1983

Juri 30,1983 Jun 30,1983

Jun 30,1983

Jun 30,1983

Jun 30,1983 Jun 30,1983

Jun 30,1983

CONTRACTING STAT: Panel

NAME * * Title

Terminal Dat!,, of Designation

GUINEA C A M. Mamba SANO Feb 10,1975

C A Me Sy Savane SOULEYMANE Feb 10,1975 Assistant, lnstitut National des Recherches

lnspecteur General des Services d’Etat a la Presidence de la Republique de Guinee

GUYANA C

A

Mr. Hubert Oswald Earle BARKER, A.A. Retired Secretary to the Treasury

Mr. Brynrnor T. I. POLLARD, A.A., S.C. Chief Parliamentary Counsel

Jun 17,1980

Jun 17, 1980

INDONESIA C A

C A

C A

JAMAICA A

C

C C

C

A

A

A

JAPAN C

A

A

A

A

C

C

C

Mr. R. HERTATIJANTO Aug 5,1985

Prof. Dr. Abdurrasyid PRIYATNA Aug 5,1985

Prof. Dr. Rochmat SOEMITRO Aug 5,1985

Retired Alternate Governor, Bank Indonesia

Professor of International and Air and Space Law

Professor of Tax Law

Mr. Harvey L. DA COSTA Barrister and Attorney-at-Law

Mr. Oswald H. DUNN Attorney-at-Law

Mr. Felix Malcolm FOX Norman HILL, Esq., Q.C.

Mr. Mayer Michael MATALON

David M. MUIRHEAD, Esq,, Q.C. LL.6.

Dr. Kenneth 0. RATTRAY

Mr. Deryck H. F. STONE

Attorney-at-Law

Director, Industrial Commercial Developments

Barrister-at-Law

Privy Councillor

Attorney-at-Law

Julio, 1973

J u l i o , 1973

Jul 10,1973 Apr 16,1981

Ju l io , 1973

Apr 16,1981

Jul 10,1973

Apr 16, 1981

Mr. Morihisa EMORl Dec 17,1980

Mr. Junji HIRAGA Dec 17,1980

Mr. lchiro KAT0 Dec 17,1980

Mr. lchiro MATSUDAIRA Dec 17,1980

Mr. Taiichiro MATSUO Dec 17,1980

Mr. Hisashi MURATA Dec 17,1980

Mr. Naokado NlSHlHARA Dec 17,1980

Mr. Kumao NISHIMURA Dec 17,1980

Executive Vice-president, Mitsubishi Research Institute, Inc.

Chairman of the Board, Showa Electric Wire and Cable Co., Ltd.

Professor, Faculty of Law, University of Tokyo

Adviser, Board of Directors, Bank of Tokyo

President of Marubeni Corporation

Counselor, Mitsui & Co., Ltd.

President, Dai-lchi Mutual Fire and Marine Insurance Company

Member, Permanent Court of Arbitration 13

14

CONTRACTING STAT! Panel

NAME * * Title

Terminal pal!,* of Designation

JORDAN C A

C A

C A

C A

KENYA A

A

C

C

Mr. Ahmad T. AL-KHALIL

Mr. Faiq Farah HALAZUN

Dr. Hisham R. HASHEM

Mr. Omar NABULSI

Advocate

Retired Judge, Supreme Court and High Court of Justice

Advocate

Attorney

Mr. 6. Mareka GECAGA

Mr. James F. H. HAMILTON

Mr. Brian H. HOBSON

Mr. Samuel N. WARUHIU

Chairman and General Manager, B.A.T. Kenya Ltd.

Advocate

Managing Director, East African Breweries Ltd.

Advocate

KOREA, REPUBLIC OF A Mr. Tae Sop CHONG

C Mr. So0 Chang CHUNG

C Mr. Chong Dai KIM

A Dr. Jisu KIM

C Dr. Tae Hee LEE

A Mr. Pomsik OH

C Dr. Ei Whan PA1

A Dr. Joon Mo YANG

Attorney-at-Law

Chairman, Doosan Group of Companies

Chairman, Dae-jeon Leather Industrial Co., Ltd.

Professor, Hankuk University of Foreign Studies

Attorney-at-Law

President, Korea Trading International Incorporated

President, Korea Overseas Economic Research Institute

Attorney-at-Law

LESOTHO C A

C A

The Hon. Mr. Justice J. T. MAPETLA

The Hon. Mr. Justice M. P. MOFOKENG Chief Justice of Lesotho

Puisne Judge

Am bassador C Mr. T. T. THAHANE

LUXEMBOURG C A

C A M. Alex BONN

C A M. Joseph KAUFFMAN

C A M. Fernand ZURN

Dr. jur. Ernest ARENDT Avocat-avoue

Avocat-avoue

Docteur en Droit

Avocat-avoue

A M, Cesaire MANJAKAVELO Magistrat-Avocat general

MADAGASCAR

Jul 9,1985

Jul 9,1985

Jul 9,1985

Jul 9,1985

Feb 13,1986

Feb 13,1986

Feb 13,1986

Feb 13,1986

Mar 10,1986

Mar 10,1986

Mar 10,1986

Mar 10,1986

Mar 10,1986

Mar 10, 1986

Mar 10,1986

Mar I O , 1986

Aug 16,1980

May 2,1983

Aug 16,1980

Dec 30,1981

Dec 30,1981

Dec 30,1981

Dec 30,1981

May 28,1981

(conllnued)

CONTRACT1 NG STAT5 Panel

NAME * * Title

Terminal Date of Designafion * * *

MADAGASCAR (continued) C M. Zafimahery RAFAMATANANTSOA May 28,1981

A M. Henri RAHARIJAONA May 28,1981

C M. Honor6 RAKOTOMANANA Jun 8,1983

Avocat general a la Cour Supreme

Am bassadeur

Directeur General des Finances au Ministere des Finances et du Plan

A M. Justin RAKOTONIAINA Professeur de Droit des Affaires a la Faculte de Droit de

Tananarive c M. Raymond RANJEVA

A M. Edilbert RAZAFINDRALAMBO

C M. TOAZARA

Professeur Agrege a I’Universite de Madagascar

Premier President de la Cour Supreme

lnspecteur d’Etat en Chef honoraire, Ancien President du Conseil Superieur des Institutions

MAURITANIA C A M. Pierre LAMPUE’

Professeur honoraire a la Facult6 de Droit et des Sciences Economiques de Paris

C A M. Henry SOLUS’ Professeur honoraire a la Facult6 de Droit et des Sciences

Economiques de Paris C A M. Georges E. H. VEDEL

Professeur a I’Universite de Droit, d’Economie et de Sciences Sociales de Paris

MAURITIUS C A

C A

Mr. Jean Marc DAVID, Q.C.

Mr. A. Hamid MOOLLAN Barrister

Barrister

MOROCCO C A M. Bensalem AHMED

C A

C A M. Othmane SLlMANl

C A M. Ahmed ZEGHARI

Tresorier General, Ministere des Finances

Premier President de la Cour d’Appel de Casablanca

Secretaire d’Etat auprbs du Premier Ministre

Premier President de la Cour Speciale de Justice

M. Abdellaziz A. FlLALl

NETHERLANDS C Prof. Mr. H. J. HOFSTRA

C Dr. Marius W. HOLTROP

C Prof. Dr. P. KUlN

Em. Professor of Law, University of Leyden

Retired President, De Nederlandsche Bank N.V.

Professor of General Management at the Erasmus University C A Prof. Mr. P. LlEFTlNCK A Prof. Dr. Pieter SANDERS

Professor Emeritus at the Law Faculty of the Erasmus University

May 28,1981

May 28,1981

May 28,1981

May 28,1981

Jul 11,1973

Jul 11.1973

Jul 11, 1973

Jun 9,1982

Jun 9,1982

Aug 22,1980

Aug 22,1980

Aug 22,1980

Aug 22,1980

Jun 2,1981

Jun 2,1981

Jun 2,1981

Jun 2,1981 Jun 2,1981

1 Nationality: French. (continued) 15

Annex 3 (continued)

CONTRACTING STAT5 Panel

NAME * * Title

Terminal Date of Designation *"

NETHERLANDS (continued) A

A

NIGERIA C

C

A

A

c

A

C

A

NORWAY C A

C A

C A

C A

PAKISTAN A

C

C

C

A

A

C

A

Prof. Dr. J. C. SCHULTSZ

Mr. C.R.C. WIJCKERHELD BISDOM Professor at the Erasmus University

Barrister

Mr. Musa BELLO Permanent Secretary, Federal Ministry of Finance

Mr. Adamu CIROMA Governor of Central Bank of Nigeria

Mr. H. F. DAVID-WEST Deputy Solicitor-General of the Federation

Mr. Justice S. E. J. ECOMA Judge of the Cross River State

M:. Anofi S. GUOBADIA Chairman/Managing Director, Maiden Electronics Works Ltd.

Mr. 0. JEMIYO Principal State Counsel

Dr. Michael OMOLAYOLE Chairman, Lever Brothers Nigeria Limited

Mr. Kehinde SOFOLA Private Legal Practitioner

Dr. Per BRUNSVIG Doctor juris, Barrister of the Supreme Court

Mr. Oscar C. GUNDERSEN Supreme Court Judge

Mr. Jens Chr. HAUGE Barrister of the Supreme Court

Mr. Axel HEIBERG Supreme Court Judge

Mr. Mohammad AKRAM Retired Judge, Supreme Court of Pakistan

Mr. Mohammad Yaqub ALI Former Chief Justice of Pakistan

Mr. A. K. BROHl Senior Advocate, Supreme Court of Pakistan

Mr. Malik Mohammad JAFFAR Advocate

Mrs. Rashida PATEL Advocate

Mr. Syed Sharifuddin PIRZADA Attorney-General for Pakistan

Mr. A. A. ZARl Advocate

Mr. Mian ZIAUD-DIN Barrister-at-Law

PHILIPPINES C A Ms. Lilia BAUTISTA

C A Mr. Roberto CONCEPCION Assistant Minister, Ministry of industry

Jun 2,1981

Jun 2,1981

Jun 211,1983

Jun 21,1983

Jun 21,1983

Jun 21,1983

Jun 21,1983

Jun 21,1983

Jun 21,1983

Jun 21, I983

May 22,1980

May 22,1980

May 22,1980

May 22,1980

Oct 24,1985

Oct 24,1985

Oct 24,1985

Aug 18,1981

Aug 18,1981

Oct 24,1985

Aug 18,1981

Aug 18,1981

Mar 12,1985

Mar 12,1985 (conllnoed)


NAME * * Title

Terminal Dat?** of Designation

PHILIPPINES (continued) C A

C A

ROMANIA A

A

C

C

A

A

C

C

SENEGAL A

A

A

A

SR1 LANKA A

C

A

C

C A

C

C

A

C

A

SWEDEN

Mr. Florentino FELlClANO

Mr. Efren I. PLANA Attorney

Commissioner of Internal Revenue

Mrs. Florica ANDRE1

Mr. Virgil ANTON

Mr. Constantin BEJENARU

Mr. Nicolae DUTA

Mr. loan FlLlP

Mr. Teodor PETRESCU

Mr. Teofil POP

Mi-. Romul VONICA

Member of the Supreme Court

Member of the Supreme Court

Counsellor at the Legislative Council

Deputy Director, Ministry of Finance

Counsellor at the Legislative Council

Chief Justice, Constantza County Court

Deputy Director, Ministry of Justice

Chief Justice, Jassy County Court

M. El Hadj Demba DlOP

M. Tanor Thiendella FALL

M. Keba M’BAYE

M. Famara Ibrahima SAGNA .

Directeur du Financement du Plan

Directeur general de I’Union Senegalaise de Banques

Prksident de la Cour Supreme du Senegal

Directeur general de la Banque nationale de developpement du Senegal

Major-General Anton MUTTUKUMARU, OBE, ED Retired Government Servant

Mr. N. G. P. PANDITHARATNA Senior Partner, Ford Rhodes Thornton & Co.

Mr. A. M. S. PERERA Director, Reckitt & Colman of Ceylon Ltd.

Mr. E. P. Paul PERERA Deputy Director General, Greater Colombo Economic

Commission Dr. H. W. TAMBIAH Mr. K. WIJEWEERA

Mrs. Birgitta BLOM Justice, Svea Court of Appeal

Mr. Gunnar GLIMSTEDT General Counsel and Director of Aktiebolaget SKF

Mr. Hans HERRLIN Executive Vice President, A. Johnson and Co.

Mr. Ove KJELLGREN Vice President Administration, Luossavaara-Kirunavaara AB

H. E. Gunnar LAGERGREN Marshal of the Realm

Mar 12,1985

Mar 12,1985

Dec 4,1981

Dec 4,1981

Dec 4, 1981

Dec 4, 1981

Dec 4,1981

Dec 4,1981

Dec 4, 1981

Dec 4, 1981

Mar 8, 1983

Jan 29,1986

Jan 29, 1986

Jan 29,1986

Feb 26,1986

Feb 26,1986

Feb 26,1986

Feb 26,1986

Feb 26,1986 Feb 26,1986

Sep 25,1985

Sep 25,1985

Sep 25,1985

Sep 25,1985

Sep 25,1985

(continued) 17

Annex 3 (continued)

18

Terminal Dat!., of Designation

NAME * * Title


SWEDEN (continued) A Mr. Sten RUDHOLM Sep 25,1985

C Mr. Sten SILJESTRQM Sep 25,1985 President, Svea Court of Appeal

Corporate General Counsel and Senior Vice-president of ASEA AB

A Mr. Ivan WALLENBERG Sep 25, 1985 President, Supreme Restitution Court for Berlin

SWITZERLAND C

A

A

C

A

C

C

A

TOGO C A

C A

C A

C A

TUNISIA A

C

C

A

A

A

C

C

Jul31,1983 M. Gerard BAUER Ancien Ministre plknipotentiaire de Suisse; President d’honneur

de la Federation horlogere suisse Nov 27,1980 M. I’Ambassadeur R. L. BINDSCHEDLER

M. Pierre CAVIN Jul31, 1983

Dr. Hugo von der CRONE Nov 27,1980

M. Pierre A. LALIVE Nov 27,1980

Jurisconsulte du Departement Politique Federal

Ancien president du Tribunal federal suisse

Directeur general du Credit Suisse

Professeur a I’Universite de Geneve et a I’lnstitut Universitaire de Hautes Etudes lnternationales

M. Guido LEPORI Nov 27,1980

M. Pierre Jean POINTET Nov 27,1980

M. Alfred E. VON OVERBECK Nov 27,1980

Ancien Ambassadeur de Suisse

Professeur a I’Universite de Neuchhtel

Professeur et Recteur de I’Universite de Fribourg

Me Ayite D’ALMEIDA Avocat Defenseur

Me Bebi OLYMPIO Magistrat

Me Aregba POLO Procureur de la Republique

Me Anani lgnacio SANTOS Avocat Defenseur, Barreau de Lome

M. Hamda BEJI

M. Salah BEN MBARKA

M. Mohamed BOUSBIA

M. Tijani CHELLI

President Directeur General de la Banque Nationale de Tunisie

Secretaire General du Ministre des Finances

Directeur General de la Banque Centrale de Tunisie

President Directeur General de I’Agence de Promotion des lnvestissements

M. Hedi ENNEIFER President Directeur General de la Societe Tunisienne

d’Assurances et de Reassurances M. Habib GHENIM

President Directeur General de la Societe Tunisienne de Banques

M. Nourreddine KOOBA

M. Nouri ZARGATI Directeur General du Budget au Ministre des Finances

Directeur General des lnvestissements au Ministre du Plan

Ju l l8 ,1984

Jul 18,1984

Jut 18,1984

Jul 18,1984

Feb 27,1986

Feb 27,1986

Feb 27,1986

Feb 27,1986

Feb 27,1986

Feb 27,1986

Feb 27,1986

Feb 27,1986

,

CONTRACTING STAT? Panel

NAME * ’ Title

Terminal Dat?** of Designation

UGANDA A A Mr. Tom Walter BURUKU C Mr. Y. KYESlMlRA

A Mr. C. MBOIJANA

C Mr. D.J.K. NABETA

C Mr. Semei NYAMZI

C Dr. J. J. OLOYA

Mr. Godfrey L. BINAISA, Q.C.

Lecturer in Economics, Makerere University

Barrister

Managing Director, Nile Breweries, Ltd.

Chairman of Uganda Deveiopment Corporation

UNITED KINGDOM A

A C

Mr. Maurice E. BATHURST, CMG, CBE, QC

Mr. David A. 0. EDWARD, QC Lord GREENWOOD OF ROSSENDALE, PC, JP

Barrister

Pro-Chancellor, University of Lancaster; Chairman, Local Government Staff Commission

C Mr. Aubrey JONES, PC

A Mr. Elihu LAUTERPACHT, QC

C

A C Mr. A. Maxwell STAMP

Economist; Consultant

Barrister

Director, New Court Natural Resources Ltd. Sir Frederick (Cecil) MASON, KCVO, CMG

Mr. Patrick W. MEDD, OBE

Chairman, Maxwell Stamp Associates Ltd.

UNITED STATES OF AMERICA C Mr. Nathaniel J. ELY

C

A Mr. Dixon HARWIN

A Mr. John Finley HOTCHKIS

C Mr. Gilbert L. MATON C

A Mr. Henry SALVATORI

A Mr. Henry E. SEYFARTH

Attorney and Counselor-at-Law

Vice Chairman, Financial General Bankshares Inc.

Professor of Economics, Glendale College

Vice-president, Everett Harris and Co.

Mr. William H. G. FITZGERALD

The Hon. Betty Southard MURPHY Chairman, National Labor Relations Board

Chairman of the Board, Grant Oil Tool Company

Attorney

UPPER VOLTA C A M. James LECARDEUR’

lnspecteur General d’Etat C A M. Hyacinthe OUEDRAOGO C A M. K. Lazara SORE

Commerce Directeur du Commerce, Ministere des Finances et du

C A M. Charles S. TRAORE President de la Cour Supreme

1 Nationality: French.

Oct 30,1973 Mar 28, 1979 Oct 30,1973

Oct 30,1973

Oct 30,1973

Oct 30,1973

Oct 30,1973

Aug 1,1980

Aug 1,1980 Aug 9,1980

Aug 9,1980

Aug 1,1980

Aug 9,1980

Aug 1,1980 Aug 9,1980

Aug 2,1980

Aug 2, 1980

Aug 2,1980

Aug 2,1980

Aug 2,1980 Aug 2,1980

Aug 2,1980

Aug 2,1980

May 31,1973

May31,1973 May 31,1973

May 31,1973

19

Annex 3 (continued)

CONTRACTING STAT: NAME * * Terminal Date Panel Title of Designation *'*

YUGOSLAVIA C A Prof. Dr. Ksente BOGOEV Jan 15,1974

C A Prof. Dr. Stojan ClGOJ Jan 15,1974

C A Prof. Dr. Aleksandar GOLDSTAJN Jan 15,1974

C A Prof. Dr. Vladimir JOVANOVIC Jan 15,1974

Professor, Faculty of Economics, Skopje University

Professor, Faculty of Lays, Ljubljana University

Professor, Faculty of Laws,,Zagreb University

Professor, Faculty of Laws, Belgrade University

PART II. Designating Authority: Chairman of the Administrative Council

Panel * NAME * * Title

Terminal Datf** of Designation

A Mr. Fuad ROUHANI Ambassador

Nov 19,1980

4

20 1 Nationality: Iranian.

21

22

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5 .- - m C w

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34

Annex B

Y

..

The following resolutions were adopted by the Administrative Council at its Thirteenth Annual Meeting on October 4, 1979:

~ C ~ ~ ~ ~ / R E S / 4 2 - APPROVAL OF THE ~ ~ N ~ A ~ R ~ P O ~ ~ The Administrative Council RESOLVES

forth in the attachment to document AC/79/4. To approve the Thirteenth Annual Report on the Operation of the Centre as set

AC(13)/RES/43 - ADOPTION OF BUDGET FOR FISCAL YEAR 198%) The Administrative Council RES 0 LVES

paragraph 2 of document AC/79/2. To adopt, for the period July 1, 1979 to June 30, 1380, the budget set forth in

AC(13)/RES/44 - ADOPTION OF THE RESOLUTION ON ADMINISTRATIVE ARRANGEMENTS RELATING TO THE PLACE OF PROCEEDINGS (ARTICLE 63 OF THE CONVENTION) The Administrative Council RESOLVES

To authorize the Secretary-General to sign, on behalf of the Centre, agreements with appropriate private or public institutions concerning administrative arrangements relating to the place of proceedings, substantially along the lines of such agreements heretofore approved by the Council.

35

36

AND THE IGSlD

WHEREAS :

tween States and Nationals of Other States provides in pertinent part that: Article 63(a) of the Convention on the Settlement of Investment Disputes be-

“Conciliation and arbitration proceedings may be held, if the parties so agree, (a) at the seat of the Permanent Court of Arbitration or of any other appropri-

ate institution, whether private or public, with which the Centre may make arrangements for that purpose; . . .’I

WHEREAS: In addition, the Rules of .Procedure for Conciliation and for Arbitration Pro-

ceedings adopted by the Administrative Council of the International Centre for Settlement or’ investment Disputes (hereinafter called the “ICSID”) provide for the possible examination of witnesses and experts in places other than before a Con- ciliation Commission or Arbitral Tribunal.

WHEREAS: The Asian-African Legal Consultative committee (hereinafter called the “Cam-

mittee”) has established a Regional Centre for Commercial Arbitration at Cairo (hereinafter called the “Regional Centre”).

WHEREAS : The functions of the Regional Centre inter alia are to: (a) promote international commercial arbitration in the region; (b) coordinate and assist the activities of existing arbitral institutions par-

(c) provide for arbitration under its auspices where appropriate. ticularly among those within the region; and

WHEREAS: The Committee has requested the Secretary-General of the Committee to ap-

proach governments and existing arbitral institutions for obtaining suitable facilities for the Regional Centre.

WHEREAS: The ICSID, the Regional Centre (acting through the Committee) and the Com-

mittee are each desirous that the foregoing provisions be implemented by making appropriate arrangements between the ICSID and the Regional Centre (hereinafter called the “Institutions”).

WHEREAS: It is understood that any arrangements concluded for this purpose between the

Institutions should be reciprocal in nature and should take account of (a) the in- evitable uncertainty as to the extent to which the parties to proceedings conducted under the auspices of either Institution will desire to conduct part or all of these proceedings at the seat of the other; and (b) the limited facilities available to both Institutions and to the priority that each must grant to proceedings conducted under its own auspices.

NQW THEREFORE the Parties hereto hereby agree as foliows: 1. Whenever the parties to a proceeding conducted under the auspices of either Institution (the Requesting Institution) desire to conduct all or any part of the proceeding at the seat of the other Institution (the Host), the Officer of the Requesting Institution will inform the Officer of the Host, indicating to him the facilities and services expected to be required and the dates of such requirement, and specifying in particular the need for:

(a) meeting rooms, offices and other premises; (b) office, simultaneous interpretation and other equipment; (c) services of interpreters, translators and other personnel. R espy of the request will be furnished to the Officer of the Carnmittee.

2. As soon as possible upon receipt of such a request the Officer of the Host will indicate the extent to which the required facilities and services can be made available on the dates indicated. 3. Thereupon, after the Officer of the Requesting Institution has consulted with the parties and with the members of the Commission or Tribunal concerned, the Officers of the Institutions will conclude specific arrangements for the particular proceeding by an exchange of letters. 4. The Requesting Institution will reimburse the Host for any expenditures incurred by the latter under such arrangements, as provided in the exchange of letters. 5. Members of the staff of the Host assigned temporarily to the Requesting Institu- tion will during such period work exclusively under the direction of and be re- sponsible to the Officer of the latter institution. 6. For purposes of this Agreement “Officer” means: in case of (a) the ICSID, its Secretary-General; (b) the Regional Centre, its Director; and (c) the Committee, its Secretary-General.

This Agreement may be modified or supplemented at any time by mutual ayree- ment among the parties hereto. Each said party may, after reasonable notice, terminate the Agreement, provided that such termination shall not affect any prior specific arrangements entered into under paragraph 3 above.

This Agreement shall become effective upon signature.

B. SEN A. BROCHES A. R. KHAFAGY Secretary-General Secretary-General Director Asian-African Legal International Centre for Regional Centre for

Consultative Settlement of Commercial Arbitration Committee Investment Disputes (Cairo)

Date: 6th February 1980 Date: 6th February 1980 Date: 6th February 1980 37

I

Annex 7

Expressed in United States dollars

~ t a t ~ ~ e ~ ~ s of Changes i

Contribution of services to Centre by International Bank for

Advances to Centre from parties to arbitration proceedings _ _ Expenditures on behalf of Centre by international Bank for

Disbursements by Centre for fees and expenses

Reconstruction and Development ............................................

Reconstruction and Development ............................................

for arbitration proceedings ...................................................... Refund of advances to parties to arbitration proceedings ........ Increase (decrease) in net receipts from parties

to arbitration proceedings ........................................................ Change in fund balance ..............................................................

5 214,805 $ 168,977 92,821 76,500

(21 4,805) (1 68,977)

(75,263) (77,197) - (5,554)

$LIZ- 5 - - (1 7,558) 6,251

Statements of Composition of Fund Balance June 30,1980 June 30, 1979*

Cash in bank .................................................................................. $ 51,465 $ 37,289 Receivable from parties to arbitration proceedings ................ 13,436 17,301

$ 64,901 $ 54,590 Advances from parties to arbitration proceedings .................... (28,378) (1 4,685) Payable to International Bank for

Reconstruction and Development ............................................ (36,523) (39,905)

Fund balance 5- $--

~-

- ...............................................................................

* Amounts reclassified for comparative purposes.

Mote to Financial § t a ~ ~ ~ @ n t ~ June 30, 1980 and June 30, 1979

The Memorandum of Administrative Arrangements between the Centre and the Interna- tional Bank for Reconstruction and Development (the Bank) which became effective as of October 14, 1966, provides, inter alia, that, except to the extent that the Centre may be re- imbursed by the parties to proceedings for fees and expenses of members of Conciliation Commissions, Arbitral Tribunals or Committees of Arbitrators, the Bank shall provide the following services and facilities to the Centre:

(1) the services of staff members and consultants; (2) other administrative services and facilities, such as travel, communications, office

accommodations, furniture, equipment, supplies and printing.

38

i

.

The Centre does not have resources of its own. The reported expenditures on behalf of the Centre represent the value of the services provided by the Bank and include only those amounts identified by the Bank as being directly related to the Centre, and, accordingly, do not include any indirect or overhead costs of the Bank. The reported contributions of $214,805 and $168,977 in 1980 and 1979, respectively, are equal to the value of services provided by the Bank, less reimbursements by the Centre from its sale of publications and registration fees. The expenditures made on behalf of the Centre by the Bank are shown below:

Staff personal services .................................................................. $ 137,688 $ 133,572 Consultant fees .............................................................................. 31,750 15,220 Contractual services, travel, communications

and miscellaneous ...................................................................... 34,691 18,724 Printing ............................................................................................ 16,371 8,598

$ 220,500 $ 176,114 Less: Reimbursements by Centre from sale of publications

Total ................................................................................................ $ 214,805 $ 168,977

The Centre’s expenses which are attributable to arbitration proceedings are borne by the parties in accordance with the Centre’s Administrative and Financial Regulations. In accordance with these Regulations, the Secretary-General calls on the parties to make advance deposits with the Centre from time to time to defray these expenses. The cash balances reflected in the statements of composition of fund balance represent advances from parties to proceedings and amounts due to the Bank.

For the year ended June 30, 1980 1979

--

and registration fees .......................................................... (5,695) (7,137)

Report of independent Accountants

TO INTERNATIONAL CENTRE FOR SETTLEMENT OF INVESTMENT DISPUTES WASHINGTON, D.C.

In our opinion, the accompanying statements of composition of fund balance and the related statements of changes in fund balance present fairly the composition of fund balance of the International Centre for Settlement of Investment Disputes for the years ended June 30, 1980 and 1979, and the changes in fund balance for the years then ended, in conformity with generally accepted accounting principles applied on a basis consistent with that of the preceding year and in accordance with the Administrative Arrangements between the International Bank for Reconstruction and Development and the International Centre for Settlement of Investment Disputes, as discussed in the Note to the accompanying statements. Our examinations of these statements were made in accordance with generally accepted auditing standards and accordingly included such tests of the accounting records and such other auditing procedures as we considered necessary in the circumstances.

1801 K Street, N.W., Washington, D.C. 20006 July 30, 1980

PRICE WATERHOUSE & CO.

39

mex 8

Legislative History of the Convention on the Settlement of Investment Disputes Between States and Nationals of Other States (4 volumes, English, French and Spanish)

lCSIDl2

I CS I D/4/ Rev.1

! CS I D l 5

ICSIDIG

ICs ID/7/Rev.3

ICs ID181 Rev.7

ICSIDllOlRev.1

ICSID/I l/Rev.l

Convention on the Settlement of Investment Disputes between States and Nationals of Other States, and Accompanying Report of the Executive Directors of the International Bank for Recon- struction and Development (English, French, Spanish)

List of Contracting States and Other Signatories of the Conven- tion (English, French)

Regulations and Rules (English, French)

Model Clauses Recording Consent to the Jurisdiction of the In- ternational Centre for Settlement of Investment Disputes '

(English, French)

Model Clauses Relating to the Convention on the Settlement of Investment Disputes Designed for Bilateral Investment Treaties (English, French)

Publications of ICSlD (English, French)

Contracting States and Actions Taken by Them Pursuant to the Convention (English, French)

Provisions Relating to ICSID in International Agreements and National Investment Laws (English, French)

List of the Members of the Panels of Conciliators and Arbitrators (English, French)

Additional Facility for the Administration of Conciliation, Arbi- tration and Fact-Finding Proceedings (English, French, Spanish)

40

Annex 9

Legal Bibliography Relating to the Centre

Publications concerning ICSID and the Additional Facility:*

Amerasinghe, C. F. “The jurisdiction of the International Centre for Settlement of Investment Dis- putes.” Indian Journal of International Law 19: 166-227, April-June 1979.

Feuerle, Peter “International Arbitration and Choice of Law under Article 42 of the Convention on the Settlement of Investment Disputes.”Yale Studies in World Public Order, Vol. 4, No. 1, Fall 1977, p. 89.

McLaughlin, Joseph T. “Arbitration and Developing Countries.” The lnternational Lawyer 13:222-225, No. 2, Spring 1979.

O’Keefe, Patrick J. “The International Centre for Settlement of Investment Disputes.” The Year Book of World Affairs 1980 (Stevens & Sons, London).

Sutherland, P. F. “The World Bank Convention on the Settlement of Investment Disputes.” The International and Comparative Law Quarterly, Vol. 28, Part 3, July 1979, pp. 367-400.

See for earlier publications previous Annual Reports and the Centre’s List of Publications. 41