TODAY.AZ / Business

Azeri Government answers Barmek's claims

25 April 2007 [13:26] - TODAY.AZ
The Government of Azerbaijan has sent answers to the Washington-based International Centre for Settlement of Investment Disputes (ICSID) for Barmek Azerbaijan Electricity Networks' arbitration request against it.

Barmek Azerbaijan President Huseyn Arabul told that the ICSID has today forwarded the answer documents to him for familiarization.

"I have read the government's answer. We will reply to the ICSID on April 30," he added.

The ICSID will hold the sitting on the dispute in London on May 18, APA reports.

Barmek Azerbaijan filed an arbitration request with the International Centre for Settlement of Investment Disputes against the Government of Azerbaijan for unilateral termination of the agreement.


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