International Convention for the Settlement of Investment Disputes (ICSID) has
incorporated a specialized jurisdiction under the auspicious of the World Bank
Group. The convention has promulgated a standing offer for the investors of the contracting
states to invoke ICSID jurisdiction on the fulfilment of some determinants. ICSID tribunals have
amplified the application of these determinants to the extent to overshadow the legitimate rights
of sovereign states. The magnification of standards of determinants of investor-state dispute
settlement has caused unpredictability of ICSID jurisdiction. Uniform and predictable
standards of determinant have the potential to strengthen and promote this mechanism of
institutional settlement of investment disputes.
1-Ali Nawaz Khan Assistant Professor, University Law College, University of the Punjab, Lahore, Pakistan.2-Naveed Ahmad Assistant Professor, University Law College, University of the Punjab, Lahore, Pakistan.3-Bakht Munir Lecturer, Institute of Languages and Linguistics, New Campus, University of the Punjab, Lahore, Pakistan.
Jurisdictional Determinants, State Dispute, Jurisdiction, Investor, Investment