The Angola–Brazil Bilateral Investment Treaty: an introduction to its dispute settlement mechanism
The Angola–Brazil Bilateral Investment Treaty: an introduction to its dispute settlement mechanism
Author(s): Lucas Moreira AlciciSubject(s): Economic policy, International relations/trade, Fiscal Politics / Budgeting
Published by: Oficyna Wydawnicza AFM Uniwersytetu Andrzeja Frycza Modrzewskiego w Krakowie
Keywords: Angola–Brazil BIT; foreign investment; expropriation; dispute settlement; State-State arbitration
Summary/Abstract: This article presents an overview of the Angola–Brazil BIT and briefly analyses the dispute settlement mechanism for investment disputes provided for by that agreement. The ratification of the BIT by Brazil a few years ago means that Brazilian investors are now able to seek protection to their investments in Angola through the bilateral dispute settlement mechanism established by the BIT. Although Investor-State arbitration is not envisaged in the agreement, Brazilian investors can request Brazil to act on their behalf bringing their claims before the Joint Committee for conciliation and, if this proves unsuccessful, initiating State-State arbitration proceedings against Angola.
Journal: Studia Prawnicze: rozprawy i materiały
- Issue Year: 28/2021
- Issue No: 1
- Page Range: 71-77
- Page Count: 7
- Language: English
