The Romanian American Chamber of Commerce

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RACC's Mark Meyer Named to World Bank ICSID Panel

10/21/2011

Mark A. Meyer, National Chairman of the Romanian-American Chamber of Commerce, was designated by the Republic of Moldova to the Panel of Arbitrators of the International Center for the Settlement of Investment Disputes (ICSID) for a six year term ending October 13, 2017. ICSID is an autonomous international institution that is part of the World Bank and established under the Convention on the Settlement of Investment Disputes between States and Nationals of Other States. There are currently 157 signatory States to the ICSID Convention. ICSID is the leading international arbitration institution devoted to investor-State dispute settlement. ICSID has an Administrative Council that is chaired by the World Bank's President, and it provides facilities for the conciliation and arbitration of investment disputes between member countries and individual investors. The Panel of Arbitrators and the Panel of Conciliators are composed of individuals appointed by ICSID Member States and by the Chairman of the ICSID Administrative Council.

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News on Romania

Hotnews.ro English

Jonathan Stillo, the TB expert quoted in The Sun: I feel terrible, the whole thing was completely taken out of context/ It's not OK that they turned a public health problem into this anti-Romanian message
On Wednesday, The Sun published an investigation saying that Romanians coming to the UK starting 2014, when the "doors will open" will infect the British with a deadly TB superbug. Jonathan Still, the TB expert quoted by the tabloid, explained in an interview for HotNews.ro that everything he said was taken out of context and that it is very "frustrating" and "not OK" that they turned a public health problem into an anti-Romanians thing, given that Romanians aren't the ones infecting everybody with TB.
- An American citizen, Stillo is a doctoral candidate in medical Anthropology at City University of New York Graduate Center (not a British researcher) and has been researching TB in Romania for the past 7 years. He says Romania is his second home.
Bucharest Tribunal decides sentenced ex-PM Adrian Nastase may leave on parole
The Bucharest Tribunal decided on Monday that former Romanian PM Adrian Nastase, who had been sentenced to two years in a corruption case, may leave on parole. The decision was taken by two judge votes against one. The former prime minister will be freed from Jilava penitentiary.
Romania's veterinary and food control authority in alert as horse meat labelled as beef was found at local vendor
Romania's national veterinary and foot control authority ANSVSA initiated a quick response alert on Wednesday after it found horse meat labelled as beef at a company in Ilfov county near Bucharest, a press release says. ANSVSA says the meat was aimed at local market distribution and no connection could be made with the EU-level horse meat situation. The head of ANSVSA also announced he informed the police about what he called a form of intimidation, by which the horse meat was linked to an abattoir owned by his father.
Romanian businessman, politician receives 3 year sentence with conditional suspension of execution
Romanian businessman and politician Gigi Becali received on Monday a 3-year sentence with conditional suspension of execution in a case in which he was charged with forcefully retaining several people involved in a car theft. Becali, best known as the man who controls Bucharest football club Steaua and as a former member of the European Parliament turned member of the Romanian Parliament - is not in Romania for the moment. He announced last weekend that he was in Dubai and would not return before the court sentence.
- Shortly after the reading of the sentence, Becali told Romanian news TV channel RTV by phone that he was resigning from the National Liberal Party and that "I have nothing to do in that country [Romania] anymore".
OPINION Hezbollah, a security threat to Europe
The conclusions of the official investigation of the Bulgarian Government into the 18 July 2012 Burgas bus bombing are clear: the terrorist organization Hezbollah was directly responsible. (...) Terrorism has no boundaries and the time has come for the European Union to recognize Hezbollah as a terrorist organization and place it on its official list of terrorist entities.

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April 20th 2011
Romania: Recent Developments