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LSDefine

Simple English definitions for legal terms

ICSID

Read a random definition: statuto mercatorio

A quick definition of ICSID:

ICSID stands for International Centre for the Settlement of Investment Disputes. It is an organization that helps resolve disagreements between investors and governments.

A more thorough explanation:

Definition: ICSID (International Centre for the Settlement of Investment Disputes) is an organization that helps settle disputes between investors and countries.

Example: If a company from one country invests in another country and there is a disagreement about the investment, they can go to ICSID to help resolve the issue. For example, if a company from the United States invests in a company in Mexico and there is a disagreement about the investment, they can go to ICSID to help resolve the issue.

The example illustrates how ICSID helps settle disputes between investors and countries. It provides a neutral platform for both parties to present their case and reach a resolution.

ICPC | ICWA

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