International Centre for Settlement of Investment Disputes (ICSID)
The center performs advisory activities and maintains several publications. Brazil, India, and South Africa are countries with large economies that have never been ICSID members.
|Headquartered||Washington, D.C., in the United States|
|Parent organization||World Bank Group|
- Administrative Council
The ICSID is governed by its Administrative Council, which meets annually and elects the center's secretary-general and deputy secretary-general, approves rules and regulations, conducts the center's case proceedings, and approves the center's budget and annual report. The council consists of one representative from each of the center's contracting member states and is chaired by the President of the World Bank Group, although the president may not vote.
The ICSID's normal operations are carried out by its secretariat and are led by the secretary-general of the ICSID. The secretariat provides support to the Administrative Council in conducting the center's proceedings. It also handles the center's Panel of Conciliators and Panel of Arbitrators.
- The panels