Mansour et al, Affef Ben --- "Final Provisions" [2019] ELECD 3027; in Fouret, Julien; Gerbay, Remy; Alvarez, M. Gloria (eds), "The ICSID Convention, Regulations and Rules" (Edward Elgar Publishing, 2019) 868

Book Title: The ICSID Convention, Regulations and Rules

Editor(s): Fouret, Julien; Gerbay, Rémy; Alvarez, M. Gloria

Publisher: Edward Elgar Publishing

Section: Chapter 10

Section Title: Final Provisions

Author(s): Mansour et al, Affef Ben

Number of pages: 43

Extract:

10
FINAL PROVISIONS



ARTICLE 67

Affef Ben Mansour

This Convention shall be open for signature on behalf of States members of the
Bank. It shall also be open for signature on behalf of any other State which is a par-
ty to the Statute of the International Court of Justice and which the Administra-
tive Council, by a vote of two-thirds of its members, shall have invited to sign the
Convention.

10.01 Article 67 of the ICSID Convention is the first Article of Chapter X on Final Provi-
sions.1 It defines the scope of the legal persons allowed to sign. The following Articles
68, 69 and 70 provide for the steps that a legal person fulfilling the conditions of Article
67 shall apply to become a Member of the Convention.

10.02 In accordance with Article 67, there are only two possibilities to be eligible to the sig-
nature of the ICSID Convention:

(1) being a State member of the World Bank;
(2) being a State party to the Statute of the International Court of Justice and having
been invited by the Administrative Council to sign the Convention.

10.03 The ICSID Convention does not allow any other legal person to sign it, except a State.
Neither international organizations, nor international agencies are admitted to sign the
ICSID Convention. The admission of other legal persons than States as member of the
ICSID Convention implies an amendment to the ICSID Convention.2




1 See History of the ICSID ...