Investment Arbitration Under the Energy Charter Treaty - From Dispute Settlement to Treaty Implementation
Article from: OGEL Archive issue , in The Energy Charter Treaty
The Energy Charter Treaty, completed in December 1994 and signed by June 1995 by 49 countries plus the European Communities (i.e. most OECD, CIS and East European countries apart from the US) constitutes the so far most ambitious project to set up an international investment (plus trade) regime . Different from previous attempts - starting with the 1949 Havanna Charter, the 1957 Abs-Shawcross convention and the 1976-1992 and now terminated negotiations for a UN Code of Conduct on Transnational Corporations , it has succeeded in achieving the status of a legally binding multilateral ...