Beware of freezing clauses in international investment agreements

Gazzini, Tarcisio

With States increasingly concerned about safeguarding their regulatory powers, it is rather striking to find in investment treaties clauses reminiscent of contractual freezing clauses. Aimed at protecting investors against subsequent regulatory action, these clauses are problematic for their potential negative impact on the attainment of economic and social policies.

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Academic Units
Columbia Center on Sustainable Investment
Columbia Center on Sustainable Investment
Columbia FDI Perspectives, 191
Published Here
June 28, 2017