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Investments in Unsettled Maritime Boundary Contexts: The Role of Bilateral Investment Treaties in Delivering Certainty
ICSID Review - Foreign Investment Law Journal ( IF 0.976 ) Pub Date : 2020-03-24 , DOI: 10.1093/icsidreview/siz019
Kathryn Khamsi

Abstract
Interest in offshore investment is growing: the oil and gas sector has been developing offshore reserves for some time; more recently, the renewable energy sector has also been investing offshore. In that context, this paper considers the legal uncertainties that overlapping sovereign claims in offshore areas create for investments. It then canvasses the commitments that States can accord to address these legal uncertainties, whether unilaterally or through inter-State authorities that jointly regulate areas subject to overlapping claims. This paper is then principally devoted to considering the role of bilateral investment treaties in enforcing such commitments, and otherwise addressing the legal uncertainties generated by overlapping maritime claims. By way of conclusion, this paper considers analogies to other situations where investments are subject to the sovereign rights of more than one State.


中文翻译:

在动荡的海洋边界环境中进行投资:双边投资条约在提供确定性方面的作用

摘要
人们对离岸投资的兴趣与日俱增:石油和天然气行业已经开发离岸储备已有一段时间了。最近,可再生能源领域也一直在向海外投资。在这种情况下,本文考虑了海上地区重叠的主权债权为投资带来的法律不确定性。然后,它概述了各国为解决这些法律不确定性而可能作出的承诺,无论是单方面还是通过国家间当局共同管理受到重叠索赔的地区。然后,本文主要致力于考虑双边投资条约在执行此类承诺中的作用,以及解决因重叠的海事请求而产生的法律不确定性。作为结论,
更新日期:2020-03-24
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