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Tuesday
Jan312012

Venezuela Withdrawing from World Bank Arbitration Arm

Venezuela Withdrawing from World Bank Arbitration Arm

The Washington Post
January 27, 2012

President Hugo Chavez said Friday that Venezuela’s government will ignore future decisions by the Washington-based International Center for Settlement of Investment Disputes, a World Bank-affiliated arbitration body, involving any business disputes in the South American country. Venezuela has already begun formally withdrawing its membership.

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AuthorADR Times | Date01.31.2012
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