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Option 3 : Both I and II 

  • The ICSID is an international organization founded in 1966 in order to resolve the disputes between the international investors. 
  • This organization takes care of the legal disputes and also the arbitration proceedings going on on an international level. 
  • There are 161 members of this organization but only 153 have agreed to enforce the ICSID Obligation. 
  • It is a part of the World Bank Group of Organizations. 
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