ICSID Convention Conciliation Rules

The Conciliation Rules apply to proceedings under the ICSID Convention after a conciliation case is registered. They address:

establishment of the Conciliation Commission (Chapter I);
working of the Commission (Chapter II);
general procedural provisions (Chapter III);
conciliation procedures (Chapter IV);
termination of the proceeding (Chapter V); and
final provisions (Chapter VI).

Article 33 of the ICSID Convention provides that conciliations will be conducted in accordance with the Conciliation Rules in effect on the date on which the parties consented to conciliation, except as the parties otherwise agree.

The original Conciliation Rules were adopted on September 25, 1967 and were effective as of January 1, 1968. These were published with non-binding explanatory notes: ICSID Rules (1968).

The Conciliation Rules have subsequently been amended three times. The first amendment was approved and took immediate effect on September 26, 1984: ICSID Rules (1984). The second amendment was approved on September 29, 2002 and was effective on January 1, 2003: ICSID Rules (2003).

The current Conciliation Rules were approved by written vote of the Administrative Council in 2006 and were effective from April 10, 2006: (ICSID Rules (2006). They were adopted after a 2-year period of public consultation. This included a discussion paper released on October 22, 2004 on Possible Improvements of the Framework for ICSID Arbitration and a working paper released on May 12, 2005 on Suggested Changes to the ICSID Rules and Regulations.

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ICSID Convention Conciliation Rules

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