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Comment to “International Energy Trade and Investor-State Arbitration”

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Emerging Issues in Sustainable Development

Part of the book series: Economics, Law, and Institutions in Asia Pacific ((ELIAP))

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Abstract

This comment discusses the relationship between human rights concerns and investment treaties.

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Notes

  1. 1.

    http://www.ohchr.org/EN/NewsEvents/Pages/DisplayNews.aspx?NewsID=16031&LangID=E

  2. 2.

    Christine Côté, A Chilling Effect? The impact of international investment agreements on national regulatory autonomy in the areas of health, safety and the environment, Ph.D. thesis, London School of Economics, February 2014. See also Report of the Independent Expert on the promotion of a democratic and equitable international order, 5 August 2015, U.N. Doc. A/70/285, paras. 41–46, where the Independent Expert speaks of “chilling effect” without examining existing studies antithetical to the Independent Expert’s position.

  3. 3.

    Karamanian, Section 5.

  4. 4.

    Karamanian, Sections 3.3 and 5.2. See also Aikaterini Titi, The Right to Regulate in International Investment Law, Baden-Baden, Nomos, 2014.

  5. 5.

    Karamanian, Section 5.4.

  6. 6.

    Karamanian, Section 5.4. For the foundation and functioning of the obligation to protect the investor’s legitimate expectations, see Shotaro Hamamoto, “Protection of the Investor’s Legitimate Expectations: Intersection of a Treaty Obligation and a General Principle of Law”, in Wenhua Shan & Jinyuan Su eds., China and International Investment Law, Leiden, Brill/Nijhoff, 2014, pp. 141–169.

  7. 7.

    Burlington v. Ecuador, ICSID Case No. ARB/08/5, Decision on Liability, 14 Dec. 2012, para. 396.

  8. 8.

    Shotaro Hamamoto, “Requiem for Indirect Expropriation: On the Theoretical and Practical Uselessness of a Contested Concept”, PILAGG e-series/IA/1, École de Droit, Sciences Po de Paris, 2013, pp. 1–28, at http://blogs.sciences-po.fr/pilagg/pilagg-e-series/. Also available at SSRN: http://ssrn.com/abstract=2666836.

  9. 9.

    Karamanian, Section 5.1.

  10. 10.

    Karamanian, Section 5.1.

  11. 11.

    Continental Casualty v. Argentina, ICSID Case No. ARB/03/9, Award, 5 September 2008, para. 261.

  12. 12.

    Sempra v. Argentina, ICSID Case No. ARB/02/16, Decision on the Argentine Republic’s Application for Annulment of the Award, 29 June 2010, para. 197.

References

  • Côté, C. (2014, February). A chilling effect? The impact of international investment agreements on national regulatory autonomy in the areas of health, safety and the environment. Ph.D. thesis, London School of Economics.

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  • Hamamoto, S. (2013). Requiem for indirect expropriation: On the theoretical and practical uselessness of a contested concept. PILAGG e-series/IA/1, École de Droit, Sciences Po de Paris (pp. 1–28). http://blogs.sciences-po.fr/pilagg/pilagg-e-series/. Also available at SSRN: http://ssrn.com/abstract=2666836

  • Hamamoto, S. (2014). Protection of the investor’s legitimate expectations: Intersection of a treaty obligation and a general principle of law. In S. Wenhua & S. Jinyuan (Eds.), China and international investment law (pp. 141–169). Leiden: Brill/Nijhoff.

    Chapter  Google Scholar 

  • Karamanian, S. L. (2016). International energy trade and investor-state arbitration: What role for sustainable development? In M. Matsuhista & T. Schoenbaum (Eds.), Emerging issues in sustainable development: International trade law and policy relating to natural resources, energy and the environment. Berlin: Springer.

    Google Scholar 

  • Titi, A. (2014). The right to regulate in international investment law. Baden-Baden/Oxford: Nomos/Hart Pub.

    Book  Google Scholar 

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Author information

Authors and Affiliations

  1. Graduate School of Law, Kyoto University, Kyoto, Japan

    Shotaro Hamamoto

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  1. Shotaro Hamamoto
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Correspondence to Shotaro Hamamoto .

Editor information

Editors and Affiliations

  1. The University of Tokyo, Bunkyo-ku, Tokyo, Japan

    Mitsuo Matsushita

  2. Law School, George Washington University NW, Washington D.C., USA

    Thomas J. Schoenbaum

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Hamamoto, S. (2016). Comment to “International Energy Trade and Investor-State Arbitration”. In: Matsushita, M., Schoenbaum, T. (eds) Emerging Issues in Sustainable Development. Economics, Law, and Institutions in Asia Pacific. Springer, Tokyo. https://doi.org/10.1007/978-4-431-56426-3_19

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