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International Investment Arbitration in Laos: Large Issues for a Small State

In: The Journal of World Investment & Trade
Authors:
Romesh Weeramantry Clifford Chance Hong Kong

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Mahdev Mohan Singapore Management University Singapore

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Online Publication Date:
07 Dec 2017
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Abstract

Laos is no stranger to international investment arbitration. Despite its status as one of Southeast Asia’s least developed countries, it has had an Investment Law for more than two decades and is also a party to several bilateral and Association of South East Asian Nations (ASEAN)-related investment agreements. More recently, two investment treaty claims have been made against it, one of which has given rise to an award challenge that went all the way to Singapore’s highest court. This article will examine the history, evolution and current iteration of Laos’ relationship with international investment law and focus on the two investment treaty claims instituted against Laos. The article concludes with an appraisal of Laos’ need to maintain its investment treaty programme, despite the difficulties that may have arisen as a result of it being a respondent in investment treaty arbitrations.

Title:
International Investment Arbitration in Laos: Large Issues for a Small State
Article Type:
Research Article
DOI:
https://doi.org/10.1163/22119000-12340069
Language:
English
Pages:
1001–1024
Keywords:
foreign investment; investor-state dispute settlement (ISDS); arbitration; investment treaties; bilateral investment treaties (BITs); Laos; Sanum v Laos; Lao Holdings v Laos
In:
The Journal of World Investment & Trade
In:
Volume 18: Issue 5-6
Publisher:
Brill | Nijhoff
E-ISSN:
2211-9000
Print ISSN:
1660-7112
Subjects:
International Commercial, Trade & Investment Law, International Law

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