The authors argue that a WTO Investment Facilitation for Development Agreement needs a strong responsible business conduct provision, as such a provision helps to increase the contribution that FDI can make to sustainable development. They suggest some elements of such a provision.

As discussions intensify to improve the international investment regime, it would be desirable to initiate an independent, open-minded, multi-stakeholder international investment consensus-building process to examine the range of issues associated with international investment law, to determine...

Despite extensive arbitral practice interpreting investment treaty protections, serious shortcomings still exist particularly regarding the fair-and-equitable-treatment clause. Recent reforms do not always enhance legal certainty and protect countries' right to regulate. While there is little...