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International law of foreign investment is a field of public international law that primarily addresses the treatment of investment by States, and settlement of disputes between investors and States.Ìý

The module provides an advanced introduction to international law of foreign investment protection. This field of international law is expressed in international treaties and customary law obligations and largely implemented through investor-State arbitration, disciplines and structures the manner in which States treat foreign investments and investor. This module introduces the student to the more important aspects of the discipline, including its scope, content of the substantive obligations and exceptions, procedure of investor-State dispute settlement, and conceptual questions raised by the relationship between investment law and other fields and values in international law.Ìý

There are no formal prerequisites for this module. Nevertheless, it is a public international law module, and a basic knowledge of public international law (sources, responsibility, actors, dispute settlement), whether derived from earlier studies or other PIL modules at UCL, will be an asset.Ìý

Module aimsÌý

• to ensure that students develop an understanding of the core substantive and procedural principles in investment protection lawÌý

• to enable students to appreciate both similarities and differences between different substantive obligations, and between different procedures for settlement of investment disputes (particularly ICSID Convention and UNCITRAL Rules)Ìý

• to enable students to discuss critically the regime of modern investment protection lawÌý