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2. Economic and commercial disputes between States
Public international law deals with relations between States, and affirms several fundamental principles: State sovereignty and immunity from jurisdiction and execution.
A state cannot be :
summoned before a foreign court unless he agrees to waive his immunity;
obliged to enforce a foreign decision unless it has waived its immunity by accepting the jurisdiction of the court (usually an arbitral tribunal).
It also deals with the many international and multilateral organizations, both regional and non-regional, that govern relations between states, the most important and universal being the UN, whose aim is to prevent conflict and maintain peace.
Here, we will deal only...
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Economic and commercial disputes between States
Settlement of investment disputes
Bibliography
Websites
ICC Stockholm http://www.sccinstitute.com (arbitration rules)
ICSID – Centre for Settlement of Investment Disputes https://icsid.worldbank.org
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