Abstract

This article is devoted to the legal problems arising in connection with the conduct of parallel proceedings in cases related to the protection of foreign investments before two bodies: international investment arbitration and the WTO Dispute Settlement Body. The objective of this paper is to investigate the possibility of simultaneous consideration of a dispute in international investment arbitration and the WTO Dispute Settlement Body, as well as analyze consequential risks. The author concludes that this phenomenon is dangerous for international law, as it not only destabilizes the international legal order in the field of investment, but also does not meet the needs of the foreign investor.

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