
International Centre for Settlement of Investment Disputes
The International Centre for Settlement of Investment Disputes (ICSID) is an institution of the World Bank, established to provide facilities for the arbitration and conciliation of investment disputes between governments and foreign investors. It aims to promote international investment by ensuring that disputes are resolved impartially and efficiently. ICSID's rules and procedures offer a framework for both parties to reach a fair resolution, which helps build confidence in international investment markets and supports economic development across countries.