Preferential Treatment of Claims of Blockading Powers against Venezuela (Germany, Great Britain and Italy v. Venezuela)
Permanent Court of Arbitration · Interstate and investor-state (PCA) · International · 1902
Why it matters
Germany, Great Britain, Italy (other joined Parties: Belgium, Spain, United States, France, Mexico, the Netherlands, Sweden and Norway v. Venezuela, an arbitration administered by the Permanent Court of Arbitration in The Hague, administered by the Permanent Court of Arbitration in The Hague. The matter is known as the Preferential Treatment of Claims of Blockading Powers against Venezuela. For a student, the PCA is the oldest institution for resolving international disputes, and its cases range from boundary and treaty disputes between states to investor-state and commercial arbitrations. This is a worked example of how international arbitration operates above the level of any single national court.
Summary
Germany, Great Britain, Italy (other joined Parties: Belgium, Spain, United States, France, Mexico, the Netherlands, Sweden and Norway v. Venezuela, an arbitration administered by the Permanent Court of Arbitration in The Hague, administered by the Permanent Court of Arbitration in The Hague. The matter is known as the Preferential Treatment of Claims of Blockading Powers against Venezuela. For a student, the PCA is the oldest institution for resolving international disputes, and its cases range from boundary and treaty disputes between states to investor-state and commercial arbitrations. This is a worked example of how international arbitration operates above the level of any single national court.
The detail
Parties: Germany, Great Britain, Italy (other joined Parties: Belgium, Spain, United States, France, Mexico, the Netherlands, Sweden and Norway v. Venezuela
Case number: 1903-01
Outcome: Status: Concluded
Applicable law: The applicable treaty, contract or arbitration rules; see the original.
Issues in play: Public international law / investment law
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