Abstract

Solving the problems of negotiation and definitions of the bilateral investment treaties (BITs) of Central Asia should become a priority for policymakers of the region in the near future. Some arbitrators in cases involving Central Asian jurisdictions have identified that the applicable BITs lacked "insistency on additional requirements" in the negotiation of substantive standards. This paper examines the BITs concluded by the Central Asian states and the available investor-state claims in which they participated. The principal criticism of the BITs of Central Asia is that they are based ...