| Year the case was initiated | 1995 |
| Year the award was rendered | 1998 |
| Country involved | Burundi |
| Home country of the investor | Belgium |
| Parties to the dispute | Antoine Goetz and others v. Burundi (ICSID Case No. ARB/95/3) |
| Sector | 1 |
| Type of investment | mining enterprise |
| Nature of dispute / claim | |
| Legal instrument | Belgium-Luxembourg Economic Union-Burundi BIT |
| Rules / Venues | ICSID |
| Amount sought by investor | approx US$175 million |
| Amount awarded / status of dispute | Tribunal has jurisdiction and finds breach of BIT. In a settlement reached thereafter on 23 December 1998, "Burundi agreed to reimburse (the investors) the taxes and custom duties it had to pay, amounting to almost US$ 3 million, and to create a new free zone regime." |
| Arbitrators | Prosper Weil (Chair); Mohammed Bedjaoui; Jean-Denis Bredin
|
| Decisions rendered | awarded in favour of the investor |
| Status | awarded in favor of the investor |
| Links | http://www.worldbank.org/icsid/cases/goetz.pdf |
| Commentary (if any) | |
| Special features | |