Investor-State Arbitration Meets Mediation: Putting Mediation and Conciliation Back into ISDS—The Asian Experience
Aron Broches, the chief architect of the ICSID Convention, said in 1964 that the role of conciliation in the Convention’s framework may prove to be more important than arbitration. There is little doubt that more than 50 years later, this forecast by one of international investment law’s giants has not yet become a reality. The…