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  • Print publication year: 2021
  • Online publication date: March 2021

5 - ICSID and the Evolution of ISDS

from Part III - China, BRI and Investment Dispute Resolution

Summary

It examines the role of the International Centre for the Settlement of Investment Disputes (ICSID) in investor–state dispute settlement. After briefly introducing the creation of the ICSID, it argues that ICSID dispute settlement is one of the mechanisms available should disputes arise under the BRI, and the ICSID’s special attributes will make it a particularly effective vehicle in this context. Further, it introduces ICSID’s efforts to modernize its rules.

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