IIA Issues Note, No. 2 (2010) - Denouncing International Agreements - A Way Out of Arbitration?
Article from: TDM 1 (2011), in Roundup of Articles
Introduction
Withdrawing from bilateral investment treaties and denouncing the ICSID Convention raises new legal questions for investor-State arbitration. Recently, the withdrawal by the Plurinational State of Bolivia and by Ecuador from the International Centre for the Settlement of Investment Disputes (ICSID) as well as the termination of several bilateral investment treaties (BITs) by Ecuador are bringing to light a range of delicate legal issues. This Issues Note explores some of these: How are the withdrawal from ICSID convention by States and the consent to ...