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Columbia FDI Perspectives No. 294
Columbia University, Columbia Center on Sustainable Investment (CCSI), New York, NY
Despite extensive arbitral practice interpreting investment treaty protections, serious shortcomings still exist particularly regarding the fair-and-equitable-treatment clause. Recent reforms do not always enhance legal certainty and protect countries' right to regulate. While there is little appetite for a multilateral reform initiative, this Perspective argues that that may soon be inevitable.
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Research Report

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