Time and Compromise in UNCITRAL’s Working Group III
During the week of 22 September 2025, States once again met in Vienna under Working Group III (WGIII)...
IIAs generally establish obligations for host countries only. Foreign investors may claim for measures taken against a related local company, yet they are not liable for breaches of obligations by this company. This Perspective suggests that IIAs may be used to enforce obligations binding upon the local investment vehicle.
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