Home » Bangladesh Publication » Over a Decade Ago, Bangladesh Painfully Lost its One and Only ICSID Arbitration. What Can be Done to Avoid Similar Losses in the Future?

Over a Decade Ago, Bangladesh Painfully Lost its One and Only ICSID Arbitration. What Can be Done to Avoid Similar Losses in the Future?

May 17, 2022

In 2009, Bangladesh lost its first and so far only international investment arbitration against an Italian specialized construction company for the energy sector. It was a painful experience for Bangladesh whose counsel team had mounted a valiant and intelligent defense.