US embassy cable - 05AMMAN4782

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 
HALE