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Swedish-Iranian investor withdraws ICSID claims against the United Arab Emirates

Photo by Artin Bakhan / Unsplash

On 28 November 2022,  the ICSID Arbitral Tribunal rendered an Award in Amir Masood Taheri v. United Arab Emirates (ICSID Case No. ARB/21/19). The Award embodied the parties’ settlement agreement, pursuant to ICSID Arbitration Rule 43(2), following their decision to discontinue the proceedings.

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