Bahrain, ICSID sign MoU to enhance international dispute resolution

TDT | Manama

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The Bahrain Council for the Development of International Commercial Dispute Resolution Mechanisms and the International Centre for Settlement of Investment Disputes (ICSID), part of the World Bank Group, signed a memorandum of understanding (MoU) to develop cooperation in international dispute resolution.

The MoU was signed by Marika Paulson, Secretary General of the Bahrain Council for the Development of International Commercial Dispute Resolution Mechanisms, and Martina Polasek, Secretary General of ICSID and Vice President of the World Bank. The agreement aims to establish a framework for collaboration and knowledge exchange between both entities.