Introduction

The author gives a brief introduction to the second challenge* that was identified in connection with current international investment rulemaking in the background note for this meeting - the question of how to balance the rights and interests of foreign investors, on the one hand, with those of the host country, on the other, and how to ensure regulatory flexibility for host countries. This is indeed one of the key issues in any IIA negotiation, and stands at the core of the debate about the future development of international investment rules. This is no surprise, ...