1. This Award (“Award”) is made in the case of arbitration proceedings instituted before the International Centre for the Settlement of Investment Disputes (“ICSID” or “the Centre”) against the Republic of Iraq (“the Republic”, “Iraq” or “the Respondent”) by Itisaluna Iraq LLC (“Itisaluna”), Munir Sukhtian Investment LLC (“MSI”), VTEL Holdings Ltd. (“VTEL Holdings”) and VTEL Middle East and Africa Limited (“VTEL MEA”) (together “the Claimants”). Itisaluna is an exempted limited liability company incorporated under the laws of the Hashemite Kingdom of Jordan...
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