Non-Precluded Measures "NPM" in Bilateral Investment Treaty "BIT": An Appraisal Study

Alajmy, Abd Almohsen

Article Details

Non-Precluded Measures "NPM" in Bilateral Investment Treaty "BIT": An Appraisal Study

Authors:

Alajmy, Abd Almohsen

Publisher:

كلية العلوم الإنسانية والاجتماعية

Journal:

المجلة الدولية للعلوم الإنسانية والاجتماعية Vol.2022 Issue 36, pp.129-138

Document Type:

Article

Publication Date:

8/2022

Document Language:

English

Document ID (Org No.):

2000973518

pISSN:

2708-5414

Keywords:

Abstract:

 Non-precluded measures (hereinafter NPM) clauses have become a problematic in the modern international investment regime. As an integral aspect of attempts to recalibrate the publicprivate balance in investment treaties, these clauses are intended as a corrective to the proinvestor interpretations of early arbitral tribunals. They provide for the primacy of public policy over investment protection standards under certain conditions. This paper attempts to identify the proper way in the drafting of NPM clauses and identify their common elements. It will examine the terms that must be met in order that host states can have resort to them, as well as the role that is provided or denied to arbitrators in circumscribing the suitability of an impugned measure in relation to the objective being pursued. Furthermore, recent investment arbitrations have pointed out the latent interpretive ambiguities that can be in NPM clauses. In fact, it will be argued that while NPM clauses do raise some difficulties with respect to extending the policy space of contracting parties, they are slightly effective in ensuring that public policy is a permanent feature of arbitrators‟ matrix of decisionmaking.

Article Details

Non-Precluded Measures "NPM" in Bilateral Investment Treaty "BIT": An Appraisal Study

Authors:

Alajmy, Abd Almohsen

Publisher:

كلية العلوم الإنسانية والاجتماعية

Journal:

المجلة الدولية للعلوم الإنسانية والاجتماعية Vol.2022 Issue 36, pp.129-138

Document Type:

Article

Publication Date:

8/2022

Document Language:

English

Document ID (Org No.):

2000973518

pISSN:

2708-5414

الاستثمارات الدولية

الأوضاع السياسية

السياسات العامة

معاهدات الاستثمار

Non-Precluded Measures

NPM

Bilateral Investment Treaty

BIT

Issues

Article Details

Authors: Alajmy, Abd Almohsen

Publisher: كلية العلوم الإنسانية والاجتماعية

Journal: المجلة الدولية للعلوم الإنسانية والاجتماعية Vol.2022 Issue 36, pp.129-138

Document Type: Article

Publication Date: 8/2022

Document Language: English

Document ID (Org No.): 2000973518

pISSN: 2708-5414

Issues

Authors:

Alajmy, Abd Almohsen

Publisher:

كلية العلوم الإنسانية والاجتماعية

Journal:

المجلة الدولية للعلوم الإنسانية والاجتماعية Vol.2022 Issue 36, pp.129-138

Document Type:

Article

Publication Date:

8/2022

Document Language:

English

Document ID (Org No.):

2000973518

pISSN:

2708-5414