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Investor Presentaiton

71 Institutional support for the proceedings requirements that any dispute must meet. A claim must qualify the following criteria: (a) a legal dispute; (b) arising directly out of an investment (the notion of "investment" in the ICSID context is an unsettled question);67 (c) between a Contracting State and national of another Contracting State (claims by dual nationals, where one of the nationalities is that of the host State, are precluded). Administrative and legal support provided by the ICSID Secretariat based in Washington D.C. Appointment of The parties may agree requirements (1976 and 2010 Rules). Ad hoc arbitration with no institutional support, although the parties may agree to use one of the available institutions such as the Permanent Court of Arbitration in the Hague or the ICSID Secretariat (1976 and 2010 Rules). Each party appoints one 67 See Section II.B.3.i. UNCTAD Series on International Investment Agreements II
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