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The Interpretation and Application of the Most-Favored-Nation Clause in Investment Arbitration
Anqi Wang
2022
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The open access publication of this book has been published with the support of the Swiss National Science Foundation. In The Interpretation and Application of the Most-Favored-Nation Clause in Investment Arbitration, Dr. Anqi Wang provides suggestions for MFN drafting in future international investment agreements (IIAs), as well as for MFN application by investor-state dispute settlement (ISDS) tribunals in case of ambiguity. Dr. Wang conducts a systemic review of MFN clause in history and maps all the relevant ISDS cases. She argues that ISDS tribunals should interpret the MFN clause according to the treaty text on a case-by-case basis, and that tribunals should also consider state consent as the foundation for the jurisdiction of international adjudication, current IIA reform, and essential treaty interpretive principles.
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Keywords
- International economic & trade law
- international investment arbitration
- International law
- Law
- Most-Favored-Nation clause
- procedural treaty standard
- Public International Law
- substantive treaty standard
- treaty interpretation
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