The investor-state arbitration landscape is shifting under our feet. The utility and legitimacy of traditional investor-state arbitration have come under fire, but states have not converged on a viable alternative.
‘IIA, which has a pro-investor bias, aims to protect only capital and not labour,’ said Saurabh Garg, the Joint Secretary in Indian Finance Ministry’s Department of Economic Affairs.
The treaty is an important attempt by two developing countries to move toward a new generation of BITs fully aligned with the evolution of international law.
While the debate on the treaty regulating business impact on human rights is likely to continue for a while longer, some recent developments in international investment law seem to be moving forward on international human rights law obligations for businesses
The growing number of investor claims against sovereign host states has fuelled a backlash against bilateral investment treaties and free-trade agreements across the world.
Les pays africains envisagent la création d’une cour arbitrale africaine pour le règlement des litiges relatifs aux investissements. Cette solution parmi d’autres permettra d’assurer un meilleur équilibre entre la protection des investisseurs et la préservation des intérêts nationaux.