Recalibrating interpretive authority

Anthea Roberts
Content Type
Policy Brief
Columbia Center on Sustainable Investment
There have been many calls for a rebalancing of investor protection and state sovereignty in the investment treaty system. However, another equally important shift is underway: the recalibration of interpretive authority between treaty parties and arbitral tribunals. In newer-style investment treaties, states are increasingly protecting and enhancing their role in interpreting and applying their treaties.
Economics, Government, International Trade and Finance, Markets, Treaties and Agreements, Foreign Direct Investment