SouthViews No. 204, 11 August 2020
The Covid-19 Pandemic and Liability under Investment Treaties
By Muthucumaraswamy Sornarajah
COVID-19 can increase liability for countries under international investment treaties. Professor M. Sornarajah, Emeritus Professor at the National University of Singapore, discusses in this SouthViews the imminent challenges faced under such treaties by developing countries. The text is based on his presentation at the South Centre webinar on “Responsible Investment for Development and Human Rights: Assessing Different Mechanisms to Face Possible Investor-State Disputes from COVID-19 Related Measures” held on 30th July 2020. The recording of the webinar is available here: https://www.youtube.com/watch?v=yXPswKuywvA
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The Covid-19 Pandemic and Liability under Investment Treaties
This article was tagged: Coronavirus, Corporate Responsibility, COVID-19, Debt Sustainability, Expropriation, Fair and Equitable Treatment (FET), Global Health, Health, Human Rights, International Investment Agreements (IIAs), Investment Agreement, Investment Law and Policy, Investment Treaties, Investor-State Dispute Settlement (ISDS) System, ius cogens, National Security, Pandemic, Public Health, Reform of the IIA regime, Reform of the International Financial System, Regulatory Chill, Right to Health, Right to Life, United Nations Commission on International Trade Law (UNCITRAL), United Nations Conference on Trade and Development (UNCTAD), Vienna Convention on the Law of Treaties (VCLT), WHO, World Health Organization (WHO)