International Trade and Investment Dispute Settlement

<p>This book provides a thorough comparative analysis of the trade dispute settlement system of the WTO Regional Trade Agreements and of Investor–State Dispute Settlement (ISDS).</p><p>Reviewing in parallel their origins features development and current challenges highlighting commonalities and differences the book analyzes criticisms leveled against both regimes explores current reform efforts at the WTO ICSID and UNCITRAL (including the controversial proposal to replace ISDS with a Multilateral Investment Court) and engages in the on-going debate by evaluating possible outcomes. As to trade the book highlights the WTO system's successful operation for more than 20 years and its hobbling functioning since the paralysis of the Appellate Body in 2019. As to ISDS the book details the procedural protection granted to foreign investors under Bilateral Investment Treaties (BITs) other International Investment Agreements and investment chapters of trade agreements such as NAFTA USMCA CETA and the CPTPP alongside the impact of case law on the regulatory space of states.</p><p>This authoritative book intends to serve as a fundamental reference for students and researchers in international investment and trade law as well as for international lawyers adjudicators and diplomats involved in dispute settlement.</p>