Many bilateral investment treaties (including UK Investment Promotion and Protection Agreements or 'IPPA's1) provide to the investor a choice of arbitral procedure which may include arbitration pursuant to the Convention on the Settlement of Investment Disputes between States and Nationals of Other States (the 'ICSID Convention')2, arbitration pursuant to the Rules of Arbitration of the International Chamber of Commerce ('ICC') or the Arbitration Rules of the Arbitration Institute of the Stockholm Chamber of Commerce, arbitration by an ad hoc tribunal to be appointed by a special agreement
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