Duquesne Law Review


Included in the mandated "work program" adopted by the conferees at the first world Conference on World Peace Through the Rule of Law (Athens, 1963) was a reference respecting arbitration and conciliation as a means of resolving international disputes. The conferees urged studies to "(3) Further the proposed establishment of continental international arbitration tribunals. . . ." Frequent recognition has been given to the need to facilitate the settlement of investment disputes arising between a foreign investor and a State as a means of promoting mutual confidence and enhancing the opportunity for the increased flow of private capital into States seeking such investment.

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