icsid - gold reserve v venezuela - decision on requests for corrections - 15 dec 2014

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    KMTAXMITKEMIO B AMTXA JEX TLA RATTOANAMT EJ KMZARTNAMT DKRVQTAR

    KBRKD Bisa Me. IXH(IJ)/6;/9

    KM TLA VXEBAADKM@ HATPAAM7

    @eod Xasarva Kmb.Boiknimt

    - Imd -

    Heokvirkim Xapuhokb ej ZamazuaoiXaspemdamt

    UUUUUUUUUUUUUUUUUUUUUUUUUU

    DABKRKEMXA@IXDKM@ TLA BOIKNIMTR IMD TLA XARVEMDAMTR XAYQARTR

    JEX BEXXABTKEMRUUUUUUUUUUUUUUUUUUUUUUUUUU

    Kssuad hy im Irhktrio Trkhumio benpesad ej7

    Vrejasser Divkd Pkookins YBVrejasser Vkarra-Nirka Dupuy

    Vrejasser Vkare Harmirdkmk, Vraskdamt

    Rabratiry ej tla Trkhumio7

    Imm Bitlarkma Cattoawaoo

    Dita7 Dabanhar 91, 8694

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    9

    K. Vrebadura

    9. Em 29 Ebtehar 8694, tla Xaspemdamt suhnkttad i oattar te tla Rabratiry-@amario ej KBRKD

    raquastkm` tlit, pursuimt te Irtkboa 1: ej tla KBRKD Irhktritkem (Iddktkemio Jibkokty) Xuoas,sla ehtikm jren tla Trkhumio bartikm berrabtkems te tla Iwird kssuad em 88 Raptanhar 8694

    ( Tla Xaspemdamts Xaquast ). Em 2 Mevanhar 8694, tla Boiknimt suhnkttad i oattar

    eppeskm` Tla Xaspemdamts Xaquast em tla hisks tlit kt lid met haam berrabtoy pirtkbuoirkzad.

    Em tla sina dita, tla Rabratiry-@amario ibcmewoad`ad rabakpt ej Tla Xaspemdamts Xaquast

    jer berrabtkems imd tla Boiknimts oattar imd trimsnkttad hetl te tla Trkhumio.

    8. Em 4 Mevanhar 8694, tla Boiknimt suhnkttad i Xaquast jer Berrabtkem ej Iwird, ditad

    Raptanhar 88, 8694 ( Tla Boiknimts Xaquast ). Tlks raquast jer berrabtkem wis nida

    pursuimt te Irtkboa 1: ej tla KBRKD Irhktritkem (Iddktkemio Jibkokty) Xuoas. Em tla sina dita,

    tla Rabratiry-@amario ibcmewoad`ad rabakpt ej Tla Boiknimts Xaquast imd trimsnkttad tla

    Xaquast te tla Trkhumio.

    2. Em 1 Mevanhar 8694, tla Trkhumio kmvktad (k) tla Xaspemdamt te aoiherita jurtlar em kts

    raquast kmdkbitkm` tla spabkjkb reumds imd berrabtkems imd (kk) tla Boiknimt te suhnkt i rapoy

    te tla Xaspemdamts aoiheritad raquast. Km kts bennumkbitkem, tla Trkhumio rasarvad tla rk`lt

    te dabkda em tla idnksskhkokty imd/er narkts ej Tla Xaspemdamts Xaquast.

    4. Em tla sina dita, tla Xaspemdamt suhnkttad i suppoanamt te kts 29 Ebtehar 8694 oattar

    amtktoad Xaquast jer Berrabtkems hy tla Heokvirkim Xapuhokb ej Zamazuaoi( Tla

    Xaspemdamts Ruppoanamtio Xaquast ).

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    8

    1. Em : Mevanhar 8694, tla Trkhumio kmvktad hetl Virtkas te suhnkt rapokas te tla etlar Virtys

    raquast jer berrabtkems hy 92 Mevanhar 8694. I`ikm, tla Trkhumio rasarvad tla rk`lt te

    dabkda em tla idnksskhkokty imd/er narkts ej tla Virtkas raquasts.

    :. Em 92 Mevanhar 8694, hetl Virtkas jkoad i rapoy te tla etlar Virtys raquast.

    KK. Tla Xaspemdamts Xaquast jer Berrabtkem ej tla Iwird

    I. Tla Xaspemdamts Xaquast

    0. Tla Xaspemdamt suhnkttad tlit tla Trkhumio ippairad te liva nida sk`mkjkbimt boarkbio,

    irktlnatkbio imd sknkoir arrers km kts Iwird. Tla Xaspemdamts Xaquast iooa`ad tlit tla

    Trkhumio lid nida subl arrers km raoitkem te7 (k) tla dadubtkem jer tla vioua ej skovar3 (kk) kts

    usa ej tla XHB Bipktio Nircats Xapert is tla seurba ej i 4% beumtry rksc prankun3 (kkk) kts

    axbouskem ej tla sevarak`m ykaod spraid3 (kv) kts benputitkem ej tla PIBB3 (v) jikoura te usa

    tla DBJ nedao te biobuoita ajjabts ej maw kmputs3 imd (vk) etlar sknkoir arrers. 9

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    2

    ;. Tla Xaspemdamt jurtlar davaoepad kts ir`unamts km tla Xaspemdamts Ruppoanamtio Xaquast.

    Tla emoy etlar sknkoir arrer spabkjkad km tla Ruppoanamtio Xaquast wis tla ideptkem ej i

    ema yair daoiy parked jer eparitkems umdar i maw nkma poim.

    96. Km raoitkem te tla skovar vioua dadubtkem, tla Xaspemdamt metad tlit tla Trkhumio lid usad tla

    Boiknimts DBJ biobuoitkem is tla stirtkm` pekmt jer tla viouitkem. Hisad em tlit, kt ir`uas

    tlit tla Trkhumio nida i boarkbio arrer km uskm` tla QR$ 29 nkookem jk`ura jren Dr. Hurrews

    tihoa is i dadubtkem jer skovar ritlar tlim QR$ 1< nkookem usad km Nr. Cibzniracs tihoa.

    Tlarajera, Zamazuaoi raquasts tlit tla ineumt ej tla Iwird km raoitkem te skovar sleuod ha

    idgustad hy jurtlar QR$80 nkookem. 8

    99. Tla Xaspemdamt iose ir`uas tlit tla Trkhumio nida i boarkbio, irktlnatkbio er sknkoir arrer hy

    uskm` i 4% beumtry rksc prankun hisad em tla XHB Bipktio Nircats Xapert. Tla

    ijeranamtkemad rapert, ibberdkm` te tla Xaspemdamt, rajars te i 1% beumtry rksc prankun

    wlkbl rasuots km i best ej aqukty ej 98.;8% imd i PIBB ej 96.

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    4

    92. Xa`irdkm` tla sevarak`m ykaod, tla Xaspemdamt stitas tlit tla Trkhumios jkmdkm` tlit tla

    sevarak`m ykaod spraid (:.0%) su``astad hy Dr. Hurrews is i pesskhoa beumtry rksc prankun

    kmboudad im aoanamt rajoabtkva ej tla Rtita peokby te mitkemioksa kmvastnamts wis i boarkbio

    er sknkoir arrer. Tlks ks habiusa, ibberdkm` te tla Xaspemdamt, tla sevarak`m ykaod spraid

    rajoabts peoktkbio rksc, hut met axpreprkitkem rksc. Tla Xaspemdamt su``astad tlit hetl axparts

    i`raad em tlks, is waoo is tla jk`ura ej :.0%. Tla Xaspemdamt raquasts tlit tla Trkhumio ippoy

    i sevarak`m ykaod spraid is ej Nirbl 866< is tla naisura jer beumtry rksc. Tlks weuod tlam

    rasuot km i PIBB ej 98.99 imd i radubtkem km dini`as ej QR$ 24: nkookem uskm` tla berrabt

    burvkokmair benputitkem kmstaid ej QR$ 926 nkookem.4

    94. Tla Xaspemdamt iose ir`uas tlit tla Trkhumio bennkttad im irktlnatkb arrer hy uskm` reu`l

    ipprexknitkems te astknita tla ajjabts em tla vioua ej tla Hrksis pregabt ej kts idgustnamts te

    Nr. Cibzniracs DBJ nedao, i`raad te imd usad hy tla Virtkas imd tlakr axparts, kmstaid ej

    aktlar rummkm` tla nedao ktsaoj er raquastkm` tla Virtkas te rum tla nedao. Tla Xaspemdamt

    suhnkts tlit tla dkjjaramba hatwaam tla reu`l ipprexknitkem ippreibl is knpoanamtad hy

    tla Trkhumio imd tla prabksa rasuots biobuoitad uskm` tla DBJ nedao ira waoo evar QR$ 966

    nkookem.1

    91. Jkmiooy, tla Xaspemdamt boikns tlit tla Trkhumio nida i boarkbio er sknkoir arrer km dabkdkm`

    tlit i ema yair daoiy wis raisemihoa skmba kt evaroeecad tlit tla Virtkas i`raad tlit i twe

    yair daoiy km tla me-oiyhibc sbamirke wis ippreprkita. Tlks weuod liva lid im knpibt km tla

    4 Kd., piris. 26-2

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    :

    nkmdjuo ej tlit km tla Iwird imd prebaadad te de im ippreprkita saquamba imd oavao jer tla

    skovar dadubtkem. Tla Boiknimt bemboudas tlit tlara ks me arrer km tla skovar vioua dadubtkem. <

    9;. Km raspabt te tla iooa`ad arrer raoitkm` te tla beumtry rksc prankun, tla Boiknimt pekmts te tlaaxpart avkdamba km tla raberd tlit imioyzad tla XHB Bipktio Nircats rapert tlit tla beumtry

    rksc prankun wis it nest 4% (kmdaad tla Xaspemdamts axpart, Dr. Hurrews, sikd kt wis

    2.8%). I ravkaw ej tla rapert is su``astad hy tla Xaspemdamt weuod met bemstktuta im arrer

    wktlkm tla naimkm` ej Irtkboa 1: ej tla KBRKD Irhktritkem (Iddktkemio Jibkokty) Xuoas. ;

    86. Tla Boiknimt kmdkbitas tlit tlks raquast jer berrabtkem nust ha ragabtad is tla Trkhumio dkd

    met arr km raoykm` upem tla axpart avkdamba prasamtad te kt. Km imy avamt, Xaspemdamts

    ir`unamt tlit tla XHB Bipktio Nircats Xapert supperts i beumtry rksc prankun ej 1% ks

    wrem`. Tla XHB Bipktio Nircats Xapert issunas i oem` tarn daht jer @eod Xasarva ej QR$

    866 nkookem, raprasamtkm` ipprexknitaoy 86% ej @eod Xasarvas issunad vioua. Te darkva

    Zamazuaois beumtry rksc prankun, tla Boiknimts siys, jren tla XHB Bipktio Nircats rapert

    is i benpemamt ej tla

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    0

    beuod ykaod i raisemihoa idgustnamt jibter. Tla Xaspemdamt km raiokty ks raquastkm` tlit tla

    Trkhumio bemskdar i nera ippreprkita astknita, wlkbl km raiokty ks met im arrer wktlkm tla sbepa

    ej Irtkboa 1: ej tla KBRKD Irhktritkem (Iddktkemio Jibkokty) Xuoas. 99

    88. Km raspemsa te tla iooa`ad arrer km axboudkm` tla sevarak`m ykaod spraid, tla Boiknimt siys

    tlit tla Xaspemdamts ir`unamts ira met i raquast te berrabt im arrer. Kmstaid, tla Xaspemdamt

    ks raquastkm` i rabemskdaritkem ej tla Trkhumios ruokm` em tlks kssua imd tla Trkhumio sleuod,

    tlarajera, ragabt tla raquast jer berrabtkem. Tla Boiknimt jurtlar ir`uas tlit tla Trkhumio wis

    met nksticam km kts imioysks ej tlks kssua km tla Iwird. 98

    82. Tla Boiknimt iose raquastad tlit tla Trkhumio ragabt tla Xaspemdamts raquast jer berrabtkem

    ra`irdkm` tla usa ej tla Boiknimts DBJ viouitkem nedao skmba tla Trkhumio axprassoy

    ibcmewoad`ad durkm` tla lairkm`s imd km tla Iwird tlit tla prebass hy wlkbl tla dadubtkems

    wara astknitad wis ippreprkita. Tlara ks me arrer skmba tla Trkhumio nida tla daokharita

    dabkskem te hisa kts iwird ej dini`as em wlit kt bemskdarad te ha i reu`l, hut jikr imd

    raisemihoa, oavao ej benpamsitkem. Tla Boiknimt jurtlar stitas tlit tla Trkhumio lis me

    iutlerkty te ibbapt jurtlar avkdamtkiry suhnksskems is te iotarmitkva naisuras ej dini`a er

    etlarwksa, imd tlit tlara ira me `reumds te rabemskdar tla Iwird skmba kt ks jkmio imd hkmdkm`

    em tla Virtkas. 92

    84. Xa`irdkm` tla iooa`ad arrer km issunkm` ema yair daoiy, tla Boiknimt iose metas tlit tlks ks

    met im arrer. Tla Trkhumios dabkskem tlit i ema yair daoiy wis raisemihoa wis hisad em kts

    99 Kd., piris. 8:-8;.98 Kd., piris. 26-2

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