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Tribunal concludes that claimant did not make investment in Kosovo
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Kosovo’s discretionary right to cancel privatization means no contract could have existed
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Axos’ claim in the arbitration cannot in itself constitute the protected investment
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Submission of tender bid is not an offer to conclude a contract; nor is the awarding of winning bid acceptance of contractual offer
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No valid contract in light of failure to meet Kosovar public law requirements regarding representative authorized to enter into agreement
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Claimant’s own behavior indicates that no contract had been concluded
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Kosovo cancels privatization of its postal and communications company, prompting claimant to initiate ICSID proceedings
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