Convention on the Settlement of Investment Disputes between States and Nationals of Other States

The Convention on the Settlement of Investment Disputes (ICSID Convention) is an international treaty that provides a legal framework for resolving disputes between countries and foreign investors. If a foreign investor has a disagreement with the government over a business or investment, this convention offers a fair and neutral process—usually through arbitration—rather than going to regular courts. Its goal is to encourage foreign investment by ensuring disputes are settled efficiently, transparently, and peacefully, helping both investors and countries feel secure in international economic engagements.