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The Evolution of Bilateral Investment Treaties, Investment Treaty Arbitration and International Investment Law

International Arbitration Law Review, Vol. 14, No. 6, pp. 189-204, December 2011

25 Pages Posted: 11 Dec 2011 Last revised: 14 Apr 2012

Dr Ahmad Ghouri

Sussex Law School, University of Sussex; University of Turku

Date Written: December 1, 2011

Abstract

Explores the evolution of the current regime involving foreign direct investment, bilateral investment treaties and investment treaty arbitration, and considers why a harmonised multilateral investment agreement has never been adopted. Reflects on past attempts to harmonise the customary foreign direct investment regime, the resolution of investment disputes over the past century, and the establishment of arbitration forums across the world. Looks at how investment treaty arbitration works and how its substantive norms can potentially conflict with obligations arising out of international trade agreements.

Keywords: Arbitral tribunals, Bilateral investment treaties, Foreign investment, Harmonisation, International commercial arbitration, International investment disputes

Suggested Citation

Ghouri, Dr Ahmad, The Evolution of Bilateral Investment Treaties, Investment Treaty Arbitration and International Investment Law (December 1, 2011). International Arbitration Law Review, Vol. 14, No. 6, pp. 189-204, December 2011. Available at SSRN: https://ssrn.com/abstract=1970561

Ahmad Ali Ghouri (Contact Author)

Sussex Law School, University of Sussex ( email )

Falmer
Brighton BN1 9QN
United Kingdom

HOME PAGE: http://www.sussex.ac.uk/lps/internal/people/law/person/337963

University of Turku ( email )

Turku, 20014
Finland

HOME PAGE: http://www.utu.fi

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