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Published in:
2021 | OriginalPaper | Chapter
7. Conclusion
Author : Angshuman Hazarika
Published in: State-to-state Arbitration based on International Investment Agreements
Publisher: Springer International Publishing
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Abstract
State-to-state arbitration can emerge as an alternative to investor-state arbitration but it would be premature to consider state-to-state arbitration as the sole suitable replacement for investor-state arbitration as there are many procedural and implementation issues which need to be resolved. Certain new treaties have state-to-state arbitration as the sole mode of binding dispute resolution which means that these issues need to be dealt with at the earliest to ensure continued effective protection for investors. Coordinated efforts from states, investors and all other interested parties would be necessary to make this possible.