Regulating under IIAs - An Analysis of the Balance of the State’s Right to Regulate and Expropriation
States or regions conclude IIAs to protect and promote foreign investments, among other things, by prohibiting states’ from ‘taking’ or adopting measures equivalent to ‘taking’ the foreign investors’ property, known as expropriation. However, the state needs regulatory space, but how much is unclear and controversial. The newly concluded EU and Singapore FTA and IPA are taking a new approach to th