Written question asked by Crispin Blunt (Conservative) on Tuesday, 26 February 2002, in the House of Commons. It was due for an answer on Tuesday, 12 March 2002. It was answered by Ben Bradshaw (Labour) on Tuesday, 12 March 2002 on behalf of the Foreign and Commonwealth Office.

Foreign and Commonwealth Office

Question: To ask the Secretary of State for Foreign and Commonwealth Affairs, what action he intends to take to inform British (a) missions and (b) international investors of the consequences of the World Bank's Ad Hoc Committee's decision to uphold the International Centre for the Settlement of Investment Disputes judgment in the case of WENA Hotels against the Government of Egypt. - Includes ref to International Centre website (http://www.worldbank.org/icsid/).

Answer: Mr. Blunt: To ask the Secretary of State for Foreign and Commonwealth Affairs what action he intends to take to inform British (a) missions and (b) international investors of the consequences of the World Bank's Ad Hoc Committee's decision to uphold the International Centre for the Settlement of Investment Disputes judgment in the case of WENA Hotels against the Government of Egypt. [39723] Mr. Bradshaw: International Centre for the Settlement of Investment Disputes publishes awards rendered in its proceedings on its website (http://www.worldbank.org/ icsid/) and in its journal, provided it has the consent of both parties. Either party may also decide to publish awards on its own initiative.

Secondary information

Type: Written question
Reference: 39723; 381 c869W
Session: 2001-02
Subjects: Arbitration Investment Judgements Overseas companies Egypt International Centre for Settlement of Investment Disputes Wena Hotels
Link: View this Written question on www.publications.parliament.uk