II Interpretation and Application of Investment Treaties
Rudolf Dolzer, Christoph Schreuer
- Law of treaties — Treaties, interpretation — Travaux préparatoires — Treaties, application — International economic law — International investment law — Sources, foundations and principles of international law — Intertemporal law
As explained above (see Chapter I.2), investment law is shaped by a variety of treaties. In addition to bilateral treaties, mostly bilateral investment treaties (BITs), there are regional treaties such as the North American Free Trade Agreement (NAFTA), the Dominican Republic–Central America–United States Free Trade Agreement (CAFTA), and the Energy Charter Treaty (ECT). The Convention on the Settlement of Investment Disputes between States and Nationals of Other States (ICSID Convention), a multilateral treaty, is also frequently interpreted and applied. The...