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Jun 16, 2024
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LAW 6388 - Foreign Investment: Rules of International Law
Credits: 3
The past decade brought a significant increase of foreign investment worldwide and growth of the applicable legal rules. More than a thousand new treaties have been concluded, and numerous international investment cases have been submitted to international arbitral tribunals. The course explores the nature, content, and reach of the current international regime of rules governing foreign investment (e.g., rules on expropriation, fair and equitable treatment, and denial of justice; foreign investment; and foreign investor). Special attention is given to the interplay between relevant treaties and the process of dispute settlement, in particular in regard to the jurisdiction of the International Centre for Settlement of Investment Disputes. Currently, more than 180 states are members of ICSID, and almost 100 cases are pending before ICSID, most of them dealing with major investment projects.
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