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What is BIT Dispute Settlement Mechanisms Explained about?
Bilateral Investment Treaties (BITs) include a dispute settlement mechanism that allows foreign investors to bring claims against host states through Investor-State Dispute Settlement (ISDS) before international arbitral tribunals. The process typically involves attempts at amicable settlement followed by arbitration if unresolved, with recent trends emphasizing mediation and state-to-state arbitration. Landmark cases highlight the effectiveness and challenges of BITs, particularly in enforcement and concer
- Author
- Millin
- Language
- EN