Published 6 September 2017
The "One Belt One Road" (OBOR) Initiative (or the "Belt and Road" Initiative) has the potential to profoundly impact the international geopolitical landscape and future policy decisions. It may present an opportunity for the adaptation and reform of relevant international investment agreements (IIAs). This note provides a high-level review of the current network of IIAs between China and the OBOR countries (OBOR IIAs). First, it examines China's outbound direct investment (ODI) to and inbound direct investment (IDI) from the OBOR countries. Second, it summarizes the various development stages of Sino IIAs. Third, this note turns to the IIAs between China and the OBOR countries and analyzes their features and effectiveness. Fourth, it discusses whether the present network of OBOR IIAs is sufficient for striking a balance between protecting foreign investment and promoting the host states' economic and social interests. Finally, it suggests preliminary steps for improving this growing IIA network.
This paper will be part of the TDM Special Issue on "One Belt One Road (OBOR)". More information here: https://www.transnational-dispute-management.com/news.asp?key=1652