ICSID and Entel case hearing date set

11 Dec 2008

BNamericas is reporting that the World Bank’s International Centre for the Settlement of Investment Disputes (ICSID) has announced a date for the first hearing regarding the renationalisation of Bolivian telco Empresa Nacional de Telecomunicaciones (Entel). The first hearing in the arbitration process will take place on 16 December in The Hague. Bolivian government minister Hector Arce confirmed that the state was preparing its defence, and reiterated that it would prove the ICSID has no jurisdiction in the case. Arce also confirmed that the intervention process in the telco had concluded and results would be announced shortly.