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The Law of Investment Treaties (Hardcover, 3rd Revised edition)
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The Law of Investment Treaties (Hardcover, 3rd Revised edition)
Series: Oxford International Law Library
Expected to ship within 12 - 17 working days
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Investment treaties grant special international protection to
foreign investors, and give them a means to enforce those rights
against States in which they have invested. This book
systematically examines the law of international investment
treaties, particularly with respect to its origins, structure,
content, and effects. Although the precise provisions of investment
treaties are not uniform, virtually all investment treaties address
the same issues. This book examines those issues in detail,
including the scope of application, conditions for the entry of
foreign investment, and general standards of treatment of foreign
investments. Investment treaty law has continued to evolve rapidly
and dramatically since publication of the second edition of this
work in 2015. The field has seen considerable growth in the number
and scope of investment treaties, now estimated at 3300, and
investor-state arbitrations cases, which reached over 1000 in 2020.
The field has also experienced significant changes and reforms. In
2018, eleven Pacific Basin Countries, despite the withdrawal of the
United States, forged ahead to conclude the Comprehensive and
Progressive Agreement for Trans-Pacific Partnership (CPTTP), a
potentially far reaching regional trade and investment agreement.
The next year, the three north American nations replaced the North
American Free Trade Agreement (NAFTA) with the United
States-Mexico-Canada Agreement (USMCA). And in 2020, European Union
member states terminated over 100 intra-EU BITs, leaving intra-EU
investors to rely on EU law and legal processes alone for
protection from unfavourable government acts. This edition of The
Law of Investment Treaties incorporates a consideration of all of
these and other reforms into its analysis of the body of law
created by investment treaties since World War II.
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