Arbitral Digest

Matter

Veolia Propreté v. Arab Republic of Egypt (ICSID Case No. ARB/12/15)

Case no.
ARB/12/15
Applicable rules
ICSID Arbitration Rules in force as of April 2006
  1. 13 April 2015Arbitration

    13 April 2015Arbitration

    Decision on Jurisdiction dated 13 April 2015

    International Centre for Settlement of Investment Disputes

    Decision summary
    The Tribunal held that it had jurisdiction to hear the dispute under Article 7 of the France-Egypt BIT. It held that the MFN clause in Article 3(2) was restricted to the fair and equitable treatment standard in Article 3(1) and could not import other substantive standards to expand the Tribunal's jurisdiction. It reserved costs for the further proceedings.

    Supporting details

    3 authorities · 6 participants
    Veolia Propreté
    Arab Republic of Egypt
    International Centre for Settlement of Investment Disputes
    Arbitrator
    Klaus M. Sachs
    Arbitrator
    Zachary Douglas
    Tribunal secretary
    Aissatou Diop

    Authorities cited

    3
    • Convention on the Settlement of Investment Disputes Between States and Nationals of Other States dated 18 March 1965 (Convention on the Settlement of Investment Disputes Between States and Nationals of Other States (ICSID Convention), 18 March 1965)
      statute
    • Convention between the Government of the Arab Republic of Egypt and the Government of the French Republic concerning the mutual promotion and protection of investments dated 22 December 1974 (Convention between the Government of the Arab Republic of Egypt and the Government of the French Republic concerning the mutual promotion and protection of investments (France-Egypt BIT), 22 December 1974)
      statute
    • Vienna Convention on the Law of Treaties, 1969
      statute

    3 years, 1 month and 12 days later · 1138 days

  2. 25 May 2018Arbitration

    25 May 2018Arbitration

    Award of the Tribunal dated 25 May 2018

    International Centre for Settlement of Investment Disputes

    Decision summary
    The Tribunal rejected the Respondent's objections to jurisdiction, the Claimant's standing, and admissibility. It found no breach of Articles 3 or 4 of the France-Egypt BIT, awarded no damages, allocated costs between the Parties, and dismissed all other claims and requests for relief.

    Supporting details

    2 authorities · 7 participants
    Veolia Propreté
    Arab Republic of Egypt
    International Centre for Settlement of Investment Disputes
    Arbitrator
    Klaus M. Sachs
    Arbitrator
    Zachary Douglas
    Tribunal secretary
    Aissatou Diop
    Tribunal secretary
    Fernando Lusa Bordin

    Authorities cited

    2
    • Convention on the Settlement of Investment Disputes Between States and Nationals of Other States dated 18 March 1965 (Convention on the Settlement of Investment Disputes Between States and Nationals of Other States (ICSID Convention), 18 March 1965)
      statute
    • Convention between the Government of the Arab Republic of Egypt and the Government of the French Republic concerning the mutual promotion and protection of investments dated 22 December 1974 (Convention between the Government of the Arab Republic of Egypt and the Government of the French Republic concerning the mutual promotion and protection of investments (France-Egypt BIT), 22 December 1974)
      statute

Matter record

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Veolia Propreté v. Arab Republic of Egypt (ICSID Case No. ARB/12/15) · Matter