Skip to main content Accessibility help

We use cookies to distinguish you from other users and to provide you with a better experience on our websites. Close this message to accept cookies or find out how to manage your cookie settings.

Close cookie message
×
Hostname: page-component-6bf8c574d5-w79xw Total loading time: 0 Render date: 2025-02-15T00:21:10.771Z Has data issue: false hasContentIssue false

Article 68 - Ratification and Entry into Force

from CHAPTER X - Final Provisions

Published online by Cambridge University Press:  07 September 2010

Christoph H. Schreuer
With
Loretta Malintoppi ,
August Reinisch  and
Anthony Sinclair
Christoph H. Schreuer
Affiliation:
Universität Wien, Austria
Loretta Malintoppi
Affiliation:
Eversheds LLP
August Reinisch
Affiliation:
Universität Wien, Austria
Anthony Sinclair
Affiliation:
Allen & Overy LLP, London
Get access

Summary

Ratification, Acceptance or Approval

Art. 68(1) contains the common requirement that, in addition to signature, consent to be bound must be expressed separately. Only signatories may ratify, accept or approve the Convention (see Art. 67, para. 7). There is no substantive difference between ratification, acceptance and approval (History, Vol. II, pp. 442, 1000, 1019). In accordance with Art. 73, instruments of ratification, acceptance or approval are to be deposited with the World Bank. The World Bank, as depositary of the Convention, notifies all signatory States of such deposits in accordance with Art. 75(b).

The Report of the Executive Directors merely restates the contents of Art. 68:

46. … The Convention is subject to ratification, acceptance or approval by the signatory States in accordance with their constitutional procedures (Article 68). As already stated, the Convention will enter into force upon the deposit of the twentieth instrument of ratification, acceptance or approval.

Reservations

During the Convention's drafting, the issue of reservations was raised in a number of contexts (History, Vol. II, pp. 57/8, 59, 60, 66, 84, 283, 292, 442, 579). Mr. Broches pointed out that consent to jurisdiction was voluntary and that this fact should make most reservations unnecessary (at pp. 311, 362/3).

Type
Chapter
Information
The ICSID Convention
A Commentary
 , pp. 1269 - 1272
Publisher: Cambridge University Press
Print publication year: 2009

Access options

Get access to the full version of this content by using one of the access options below. (Log in options will check for institutional or personal access. Content may require purchase if you do not have access.)

Save book to Kindle

To save this book to your Kindle, first ensure no-reply@cambridge.org is added to your Approved Personal Document E-mail List under your Personal Document Settings on the Manage Your Content and Devices page of your Amazon account. Then enter the ‘name’ part of your Kindle email address below. Find out more about saving to your Kindle.

Note you can select to save to either the @free.kindle.com or @kindle.com variations. ‘@free.kindle.com’ emails are free but can only be saved to your device when it is connected to wi-fi. ‘@kindle.com’ emails can be delivered even when you are not connected to wi-fi, but note that service fees apply.

Find out more about the Kindle Personal Document Service.

Available formats
×

Save book to Dropbox

To save content items to your account, please confirm that you agree to abide by our usage policies. If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your account. Find out more about saving content to Dropbox.

Available formats
×

Save book to Google Drive

To save content items to your account, please confirm that you agree to abide by our usage policies. If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your account. Find out more about saving content to Google Drive.

Available formats
×