State Immunity in the Process of Recognition and Enforcement of ICSID Arbitral Awards
Abstract
The present paper focuses on the determination of the role of state immunity in the
process of recognition and enforcement of ICSID arbitral awards. It examines the
effectiveness of the Convention on the Settlement of International Investment Disputes in
the light of domestic and international laws on State immunity. The paper, mainly,
discusses the approaches of Anglo-American and French legal systems along with the
2004 UN Convention. Within the scope of this area of research, the paper offers an
analysis of the respective articles of Georgian legislation.
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