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Part IV Additional observations, 13 Comparison with Other Annulment Mechanisms

From: Annulment Under the ICSID Convention

R Doak Bishop, Silvia M Marchili

From: Oxford Legal Research Library (http://olrl.ouplaw.com). (c) Oxford University Press, 2023. All Rights Reserved.date: 14 July 2024

Annulment — UNCITRAL Model Law
13.01 Not all investment claims are submitted before the ICSID. In fact, under several treaties, parties may choose to submit their disputes to alternative dispute-resolution mechanisms, such as arbitration under the UNCITRAL Arbitration Rules, or arbitration administered by the International Chamber of Commerce (ICC) or the Stockholm Chamber of Commerce.2 13.02 As Chapters 2 and 3 explain, ICSID offers several advantages over other dispute-resolution mechanisms, one of which is that it is a self-contained mechanism by design, and domestic courts are not empowered...
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