2005 REPORT ON INVESTMENT DISPUTES AND

UNCLAS AMMAN 004782

SIPDIS

SENSITIVE

STATE FOR NEA/ELA, EB/IFD/OIA - J.P. ROSELI
STATE ALSO FOR L/CID - J. NICOL

E.O. 12958: N/A
TAGS: CASC EFIN EINV KIDE OPIC PGOV JO
SUBJECT: 2005 REPORT ON INVESTMENT DISPUTES AND
EXPROPRIATION CLAIMS - JORDAN

REF: STATE 70014

SENSITIVE BUT UNCLASSIFIED. FOR USG USE ONLY. PRIVACY ACT
MAY APPLY. NOT FOR DISSEMINATION ON THE INTERNET.


1. (SBU) Per reftel, post herewith updates the October
2004 "Report of U.S. Citizen Expropriation Claims and Certain
Other Commercial and Investment Disputes" regarding an
outstanding investment dispute by a "U.S. person" against the
Government of Jordan (GOJ). Claimant A refers to Jacobs
Engineering Group of Pasadena, California. Claimant B refers
to Arab Potash Co., Ltd., which at the time the dispute arose
was 52 percent owned by the GOJ. Post continues to report
this case in accordance with instructions to report updates
on existing cases, including those that have been resolved.


2. (SBU) Post is not aware of any other investment disputes
or expropriation claims against the GOJ, as defined reftel.


3. (U) BEGIN TEXT OF REPORT UPDATE:

The United States Government is aware of one (1) claim by
U.S. persons that had been outstanding against the Government
of Jordan in 2004. The dispute was brought before a tribunal
of the International Center for the Settlement of Investment
Disputes (ICSID) in 2002. Claimant A, an American company,
and Claimant B (52% owned by the GOJ at the time the dispute
arose) settled the dispute in May 2004.

The case was resolved to the satisfaction of the U.S.
investor.

END TEXT OF REPORT UPDATE
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