The Effect of the Consortium Agreements on the Competence of the International Centre for Settlement of Investment Disputes (ICSID): Analytical Study of the Saudi Foreign Investment System and the Washington Agreement of 1965

This study determines the extent of impact consortium agreements between commercial companies on jurisdiction International Centre for Settlement Investment Disputes (ICSID). For settlement foreign investment disputes, if issue arises from same dispute investors several countries, who are linked to each other by a nodal group one hand, and with Kingdom Saudi Arabia as host country hand. has shown that in some cases, have an indirect role emergence simultaneous judicial or arbitration procedures center settling disputes Arabia, considering is member Washington Agreement 1965. In this study, we rely comparative analytical approach studying special nature arise alliance projects different countries. These parties bring together independent legal entity personality explain considered reasons Simultaneous ICSID. We also Foreign Law 2000 1965 determine these attracting Arabia. Additionally, try identify means prevent occurrence phenomenon control it occurs.
 
 Received: 16 November 2022 / Accepted: 27 December Published: 5 January 2023