Unique Aspects of Investment Agreements and Enhancing Their Integration into Civil-Legal Frameworks
Abstract views: 34 / PDF downloads: 19
DOI:
https://doi.org/10.59022/ujldp.73Keywords:
Investment Agreements, Civil-legal Frameworks, Investor-state Dispute Settlement, Stabilization Clauses, National Treatment, International Investment Law, Domestic Law, Policy RecommendationsAbstract
This article examines the unique aspects of investment agreements and the challenges they pose for their integration into civil-legal frameworks. Through a comparative legal analysis, the research identifies key tensions created by investor-state dispute settlement mechanisms, stabilization clauses, and national treatment provisions between the objectives of investment protection and promotion, and the goals of host states to regulate in the public interest and maintain sovereignty over their domestic legal systems. The article assesses various potential solutions and proposes policy recommendations and legal reforms, including strengthening the domestic legal and regulatory environment, enhancing transparency and stakeholder engagement, encouraging the development of balanced investment agreements, and fostering regional and international cooperation. By implementing these recommendations, states can enhance the integration of investment agreements into their civil-legal frameworks, addressing the challenges posed by the unique aspects of these agreements and promoting a more sustainable and equitable investment climate.
References
Alvarez, J. E. (2011). The public international law regime governing international investment. Hague Academy of International Law, 344, 175-476. Retrieved from https://ssrn.com/abstract=1926803
De Brabandere, E. (2014). International investment dispute settlement in the 21st century: Does the preservation of the public interest require an alternative to the arbitral model? Journal of International Dispute Settlement, 5(1), 144-168. https://doi.org/10.1093/jnlids/idt024
Allah Rakha, N. (2023). Exploring the Role of Block-chain Technology in Strengthening International Legal Guarantees for Investment Activity. International Journal of Law and Policy, 1(3). https://doi.org/10.59022/ijlp.37 Retrieved from https://irshadjournals.com/index.php/ijlp/article/view/37
Gaukrodger, D., & Gordon, K. (2012). Investor-state dispute settlement: A scoping paper for the investment policy community. OECD Working Papers on International Investment, 2012(03). https://doi.org/10.1787/5k46b1r85j6f-en
Miles, K. (2013). The origins of international investment law: Empire, environment and the safeguarding of capital. Cambridge University Press. https://doi.org/10.1017/CBO9781107323600
Newcombe, A., & Paradell, L. (2009). Law and practice of investment treaties: Standards of treatment. Kluwer Law International.
Allah Rakha, N. (2023). Regulatory Barriers Impacting Circular Economy Development. International Journal of Management and Finance, 1(2). https://doi.org/10.59022/ijmf.29. Retrieved from https://irshadjournals.com/index.php/ijmf/article/view/29
Schill, S. W. (2009). The multilateralization of international investment law. Cambridge University Press. https://doi.org/10.1017/CBO9780511598067
UNCTAD. (2013). World Investment Report 2013: Global value chains: Investment and trade for development. United Nations. Retrieved from https://unctad.org/en/PublicationsLibrary/wir2013_en.pdf
Allah Rakha, N. (2023). Navigating the Legal Landscape: Corporate Governance and Anti-Corruption Compliance in the Digital Age. International Journal of Management and Finance, 1(3). https://doi.org/10.59022/ijmf.39 Retrieved from https://irshadjournals.com/index.php/ijmf/article/view/39
UNCTAD. (2015). International investment policymaking in transition: Challenges and opportunities of treaty renewal. United Nations. Retrieved from https://unctad.org/en/PublicationsLibrary/webdiaepcb2015d6_en.pdf
Allah Rakha, N. (2023). The legal Aspects of the Digital Economy in the Age of AI. International Journal of Cyber Law, 1(2). https://doi.org/10.59022/clr.30 retrieved from https://irshadjournals.com/index.php/ijcl/article/view/30
Van Harten, G. (2010). Investment treaty arbitration and public law. Oxford University Press. https://doi.org/10.1093/acprof:oso/9780199552146.001.0001
World Bank Group. (2012). International investment agreements: A compendium of key issues. Retrieved from https://openknowledge.worldbank.org/handle/10986/31589
Downloads
Published
How to Cite
Issue
Section
License
Copyright (c) 2023 Uzbek Journal of Law and Digital Policy
This work is licensed under a Creative Commons Attribution 4.0 International License.