TODAY.AZ / Business

Barmek's arbitration request against Economic Development Ministry to be considered in Washington March 28

27 February 2007 [22:04] - TODAY.AZ
Washington-based International Centre for Settlement of Investment Disputes (ICSID) will hold a preliminary trial on the arbitration request lodged by Barmek against Azerbaijan's Economic Development Ministry.

Deputy Minister Mikayil Jabbarov said there are two court rows with Barmek, APA reports.

"We filed a request with the local court against Barmek and it lodged arbitration appeal with the ICSID. We have sent all the required paperwork to the ICSID," he said.

He added that Dutch Fondel Metal also lodged a request against Azerbaijan with the ICSID and all the related documents have been sent.

URL: http://www.today.az/news/business/37124.html

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