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5 Finalizing the Text of the Convention

Antonio R. Parra

From: The History of ICSID (1st Edition)

Antonio R Parra

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From: Investment Claims (http://oxia.ouplaw.com). (c) Oxford University Press, 2021. All Rights Reserved. date: 18 January 2021

Arbitration — Conciliation
The Executive Directors of the World Bank received briefings from Aron Broches and his staff team on the regional consultative meetings as they took place. Also provided to the Executive Directors were the summary records of the meetings and a report by Broches summarizing the main points raised at them.1 Follow-up steps were recommended in a memorandum that Bank President George Woods sent to the Executive Directors’ Committee of the Whole in June 1964, the month after the last of the consultative meetings.2 In his memorandum, Woods acknowledged the fundamental...
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