International Investment Arbitration
The last few decades have seen the promulgation of numerous Bilateral Investment Treaties (BITs), Multilateral Investment Treaties, or Binding Multilateral Frameworks, such as the Energy Charter Treaty, which are designed to encourage investment in signatory countries by offering protections to investors from other signatory states. One of the significant features of some BITs is that they provide investors with the ability to resolve disputes with the host states before the International Centre for the Settlement of Investment Disputes (ICSID).
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