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In conclusion,
the claimants requested investment arbitration in
accordance with the ICSID Convention in all of the four cases explained
above. However, two of the concluded cases were dismissed because the
claimants could not prove that they were investors within the meaning of
the Convention. I believe that the main reason the investors chose ICSID
arbitration is that awards resulting from ICSID arbitration can be executed
in the host state without recourse to any enforcement formalities.