Suspension of Criminal Prosecution of a Foreign Investor by Reliance to the International Centre for Settlement of Investment Disputes (ICSID) Arbitration Tribunal’s Provisional Measures

Reliance to Provisional Measures in the ICSID Arbitration Tribunal to suspend criminal prosecution is a new issue in international investment law. The host state will prosecute a foreign investor after to start investing disputes in the ICSID Arbitration Tribunal to prevent from international arbitration. Therefore, the study of different dimensions of this approach is important and one of the aims and subject of this paper.

The research method is descriptive-analytical and critical to answer a question by relying on the ICSID Arbitration Tribunal’s procedure. Research question is what are the effect of the ICSID Arbitration Tribunal’s Provisional Measures in denying the host state’s sovereignty in prosecuting a foreign investor?

Research findings show that the imposition of Provisional Measures, acceptance of the investment agreement, reliance of the parties on the international arbitration mechanism before disputes arising to ignore the host state’s sovereignty in prosecuting foreign investors at the same time as the international arbitration begins, so that fair arbitration will be carried out while maintaining equality of arms.Keywords: Host State, Criminal Prosecution, Foreign Investor, ICSID Arbitration Tribunal, Provisional Measures.