Sustainable development goals in international investment promotion and protection agreements

Sustainable development goals represent the paradigm of international politics of the 21st century. Their importance is al so reflected in the growing number of national and international legal sources that directly or indirectly prescribe provisions for their affirmation. The international investme...

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Main Author: Njegovan Milica D.
Format: Article
Language:English
Published: University of Novi Sad, Faculty of Law 2023-01-01
Series:Zbornik Radova: Pravni Fakultet u Novom Sadu
Subjects:
Online Access:https://scindeks-clanci.ceon.rs/data/pdf/0550-2179/2023/0550-21792303947N.pdf
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author Njegovan Milica D.
author_facet Njegovan Milica D.
author_sort Njegovan Milica D.
collection DOAJ
description Sustainable development goals represent the paradigm of international politics of the 21st century. Their importance is al so reflected in the growing number of national and international legal sources that directly or indirectly prescribe provisions for their affirmation. The international investment law, as a diverse set of international legal sources traditionally focused on the protection of foreign investments, has been increasingly linked to the requirements for contributing to the sustainable development of the host state. This pa per analyzes the provisions of international investment agreements (IIAs) in the context of various aspects of sustainable development. Preambles, substantive and procedural provisions of bilateral and other international agreements containing provisions on investment protection were analyzed. The conclusion is that in the existing corpus of IIAs, still a smaller number of them contain provisions important for sustainable development, but that a trend can be observed of increasingly frequent incorporation of these "modern" provisions into newly signed agreements, as well as into the modern model BITs.
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spelling doaj.art-646312e057f74ac8a39784f6f7092d822024-03-06T14:38:54ZengUniversity of Novi Sad, Faculty of LawZbornik Radova: Pravni Fakultet u Novom Sadu0550-21792406-12552023-01-0157394797210.5937/zrpfns57-444510550-21792303947NSustainable development goals in international investment promotion and protection agreementsNjegovan Milica D.0Univerzitet u Novom Sadu, Pravni fakultet, Novi Sad, SerbiaSustainable development goals represent the paradigm of international politics of the 21st century. Their importance is al so reflected in the growing number of national and international legal sources that directly or indirectly prescribe provisions for their affirmation. The international investment law, as a diverse set of international legal sources traditionally focused on the protection of foreign investments, has been increasingly linked to the requirements for contributing to the sustainable development of the host state. This pa per analyzes the provisions of international investment agreements (IIAs) in the context of various aspects of sustainable development. Preambles, substantive and procedural provisions of bilateral and other international agreements containing provisions on investment protection were analyzed. The conclusion is that in the existing corpus of IIAs, still a smaller number of them contain provisions important for sustainable development, but that a trend can be observed of increasingly frequent incorporation of these "modern" provisions into newly signed agreements, as well as into the modern model BITs.https://scindeks-clanci.ceon.rs/data/pdf/0550-2179/2023/0550-21792303947N.pdfsustainable developmentinternational investment lawinternational investment agreements (iias)investment arbitration
spellingShingle Njegovan Milica D.
Sustainable development goals in international investment promotion and protection agreements
Zbornik Radova: Pravni Fakultet u Novom Sadu
sustainable development
international investment law
international investment agreements (iias)
investment arbitration
title Sustainable development goals in international investment promotion and protection agreements
title_full Sustainable development goals in international investment promotion and protection agreements
title_fullStr Sustainable development goals in international investment promotion and protection agreements
title_full_unstemmed Sustainable development goals in international investment promotion and protection agreements
title_short Sustainable development goals in international investment promotion and protection agreements
title_sort sustainable development goals in international investment promotion and protection agreements
topic sustainable development
international investment law
international investment agreements (iias)
investment arbitration
url https://scindeks-clanci.ceon.rs/data/pdf/0550-2179/2023/0550-21792303947N.pdf
work_keys_str_mv AT njegovanmilicad sustainabledevelopmentgoalsininternationalinvestmentpromotionandprotectionagreements