cross border presentation for law students for

crossborder ppt

1. BALANCING AND RE- BALANCING OF INTERESTS IN INTERNATIONAL INVESTMENT LAW AND ARBITRATION. Presented By: Savar Arora (20010126158)

2. LEGAL ISSUES Investment Treaty Negotiation between State Parties W h y ? What? International Investment Dispute Settlement i.e. Arbitration H o w ? Investment Treaty Interpretation

3. INVESTMENT TREATY NEGOTIATION BETWEEN STATE PARTIES T h e f a c t o r s a r o u n d w h i c h B I T s o r I n t e r n a t i o n a l I n v e s t m e n t A g r ee m e n t s e s t a b l i s h e q u i l i b r i u m a r e : A . I n t e r e s t s o f t h e P a r t i e s S t a n d a r d s o f I n v e s t o r P r o t e c t i o n Re l a t i v e I n f l u e n c e o f P o t e n t i a l I n v e s t o r Advocacy for the restriction or promotion of regulations by the State C o m p a n i e s t h a t a l r e a d y o p e r a t i n g i n t h e h o s t s t a t e B . S t r e n g t h s o f t h e S t a t e s I f t h e s t a t e i s t h e H o s t o r I n v e s t o r S t a t e If the States in the BITs are a Developing or a Developed Nation and this will determine whether a state is looking to s ee k o r i n v e s t m e n t c a p i t a l

4. INTERNATIONAL INVESTMENT DISPUTE SETTLEMENT I.E. ARBITRATION In effect, 4 factors affect this issue: A b s e n c e o f I n v e s t o r ’ s H o m e S t a t e E x t e r n a l I n f l u e n c e I n t e r e s t o f t h e A r b i t r a t o r U n c e r t a i n t y a n d T e x t u a l D y n a m i s m

5. Investment Treaty Interpretation Q u e s t i o n s c o n s i d e r e d b y th e t r i b u n a l What did the parties mean or intend to mean i.e. the s u b j e c t i v e i nt e r p r e t a t i o n S e c o n d l y , w h a t d o th o s e w o r d s m e a n ? i . e . the o b j e c t i v e i nt e r p r e t a t i o n

6. Judicial Prono uncements C M E V . C z e c h R e p u b li c In this case, the concept of Bargaining Power was stablished and that it will be influenced by a complex range of factors, including material, ‘psychological’ considerations, and procedural. B i w a t e r G a u f f v T a n z a n i a Here, the importance of amicus-curae briefs in international investment arbitration was established as they may provide a counter-balance to the investor’s otherwise privileged position, particularly relative to their home state E n r o n V . A r g e n t i n a , It was established that the interpretation of a bilateral treaty between two parties in connection with the text of another treaty between different parties will normally be the same, unless the parties express a different intention.

7. Conclusion -Thank You Savar Arora