Abstract

Amidst the debate on the legitimacy and effectiveness of the international investor-state investment regime, the conclusion of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) is significant in confirming states' continuing belief that trade and investment instruments are likely to encourage inbound investment and protect outbound investment. The text of the CPTPP however, reflects states' appreciation of the fast-changing developments in the field of international investment law. One aspect which will be of interest in the coming years is that of ...