Trade and Investment Adjudication Involving ‘Silk Road Projects’: Legal Methodology Challenges

25 Pages Posted: 9 Feb 2018

See all articles by Ernst-Ulrich Petersmann

Ernst-Ulrich Petersmann

European University Institute - Department of Law (LAW)

Date Written: 2018

Abstract

This contribution discusses legal methodology problems of multilevel trade and investment regulation (section I) and explores related problems of adjudication involving investment projects in the context of China’s 2013 ‘One Belt, One Road’ (OBOR) initiative involving more than 65 countries (section II). The very limited number of investor-state arbitration proceedings initiated so far by foreign companies against China - or by Chinese companies against foreign host states – suggests that alternative dispute resolution may become one of the important ‘legal innovations’ of China’s OBOR cooperation. Yet, also involvement of third parties as ‘mediators’ or ‘conciliators’ in dispute settlement proceedings raises questions of ‘justice’ and of legal methodology that are easier to resolve by embedding OBOR regulations into multilateral trade, investment and UN law.

Keywords: Adjudication; Alternative Dispute Resolution; Constitutionalism; Legal Methodology; Principles of Justice

Suggested Citation

Petersmann, Ernst-Ulrich, Trade and Investment Adjudication Involving ‘Silk Road Projects’: Legal Methodology Challenges (2018). EUI Department of Law Research Paper No. 2018/02. Available at SSRN: https://ssrn.com/abstract=3121198 or http://dx.doi.org/10.2139/ssrn.3121198

Ernst-Ulrich Petersmann (Contact Author)

European University Institute - Department of Law (LAW) ( email )

Via Bolognese 156 (Villa Salviati)
50-139 Firenze
Italy

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