Announcement of Settlement of Investment Disputes on April 4, 1966

FOR IMMEDIATE RELEASE I! L 1818 H STREET, N.W., WASHINGTON D. C. :20433 TELEPHONE: EXECUTIVE 3-6360 Bank Press Release No. 66/11 Subject: Settlement of April 4, 1966 Investment Disputes During March 1966, the Convention on Settlement of Investment Disputes Between States and Nationals of Other States, submitted by the World Bank to governments in March 1965, was signed by Cyprus (March 9) and Greece (March 16). There are now 35 signatories to the Comrention. The Convention will come into force after signature and ratification by 20 States. To date, the Convention has been ratified by Nigeria, Mauritania, Ivory Coast and the Central African •• Republic • •