Fair and Equal Treatment as a Mechanism for Protecting Investor Rights in ‘Environmental-Investment’ Disputes
https://doi.org/10.17803/1994-1471.2020.113.4.155-163
Abstract
In the paper, the author considers the correlation and mutual influence of international investment and environmental law following the example of one of the most effective mechanisms for protecting investor rights — the standard of fair and equal treatment. As part of the study on the application of the standard in investment disputes related to environmental protection, the content of the standard for fair and equal treatment in the form of obligations of the recipient state of the investment is considered. The most significant guarantees of fair and equal treatment in the context of ‘environmental investment’ disputes are highlighted: compliance with due procedure, protection of legitimate (reasonable) expectations and access to justice. The features of their application in ‘environmental-investment’ disputes by analyzing the practice of investment tribunals are studied. The author considers cases when the investor is not entitled to refer to a violation by the state — recipient of the investment of the standard of fair and equal treatment. It is concluded that the application of the standard should help to find a balance of interests between public and private interests.
About the Author
K. V. Petrov
Kutafin Moscow State Law University (MSAL)
Russian Federation
Russian Federation
Postgraduate Student, Department of International Law
ul. Sadovaya-Kudrinskaya, d. 9, Moscow, Russia, 125993
References
1. Aliev A. Ocenka povedeniya investora pri opredelenii narusheniya rezhima spravedlivogo i ravnogo
2. obrashheniya // Sootnoshenie prava inostrannyx investicij i ekologicheskogo prava : sbornik statej / pod red. A. Alieva, S. Krupko, A. Trunka. — M. : Norma, 2012. — C. 78—103.
3. Komarov A. S. Sovremennaya praktika investicionnyx sporov // Regulirovanie investicij v mezhdunarodnom chastnom prave : materialy konferencii. Moskva, 30 oktyabrya 2007 g. — M.: Yurisprudenciya, 2008. — S. 59—67.
4. Rachkov I. Koncepciya «zakonnyx ozhidanij inostrannogo investora» v praktike mezhdunarodnyx investicionnyx arbitrazhej // Moskovskij zhurnal mezhdunarodnogo prava. — 2014. — № 1. — C. 196—220.
5. Xofmann M. Vzaimodejstvie prava inostrannyx investicij i mezhdunarodnogo ekologicheskogo prava //
6. Sootnoshenie prava inostrannyx investicij i ekologicheskogo prava : sbornik statej / pod red. A. Alieva, S. Krupko, A. Trunka. — M. : Norma, 2012. — C. 54—59.
Review
For citations:
Petrov K.V. Fair and Equal Treatment as a Mechanism for Protecting Investor Rights in ‘Environmental-Investment’ Disputes. Actual Problems of Russian Law. 2020;15(4):155-163. (In Russ.) https://doi.org/10.17803/1994-1471.2020.113.4.155-163
Views:
525
Email this article 