598. Request for arbitration under the Convention on the Settlement of Investment Disputes.

(3)     The Arbitral Tribunal and the Arbitration

598.     Request for arbitration under the Convention on the Settlement of Investment Disputes.

When a dispute has been submitted to arbitration under the Convention on the Settlement of Investment Disputes (1965)1, legal proceedings may be stayed2.

Arbitration under the Convention is initiated by one of the parties giving to the Secretary-General3 a written request4 containing information concerning the issues in dispute, the identity of the parties and their consent to arbitration5. The Secretary-General sends a copy of the request to the other party