Omitting or limiting these core provisions enabled the Chinese government to continue legislating in favour of Chinese state - owned enterprises and avoided recourse to international
arbitration by foreign investors.
Not exact matches
It is not clear whether this refers to the dispute mechanism system, which has been used successfully
by Canada to fight off duties on lumber and steel products, or the more controversial Chapter 11
arbitration system that allows
foreign investors to directly sue NAFTA governments for compensation.
However,
foreign investors may avoid all these difficulties
by recourse to
arbitration and indeed, Morocco is a member of the New York Convention on the recognition and enforcement of
foreign arbitral awards and a member of The Washington Convention on ICSID.
Nonetheless, the enactment of the
Arbitration Law will give
foreign investors confidence that if they agree to refer disputes to international
arbitration outside Myanmar, an award may be enforced
by the Myanmar courts under the
Arbitration Law.
The latter, generally done
by the
arbitration of complaints
by foreign investors against the non-compliant state.
representing a state in an
investor - state
arbitration under ICC Rules commenced
by a
foreign investor and arising from an airport service agreement