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Investment Law Standard in International Fair and ...

Please cite this paper as:OECD (2004), fair and Equitable Treatment Standard inInternational Investment Law , OECD Working Papers onInternational Investment , 2004/03, OECD Working Papers on InternationalInvestment 2004/03 fair and Equitable TreatmentStandard in InternationalInvestment LawOECD DIRECTORATE FOR FINANCIAL AND ENTERPRISE AFFAIRS WORKING PAPERS ON International Investment Number 2004/3 fair AND EQUITABLE TREATMENT Standard IN International Investment LAW September 2004 This document, derestricted under the OECD Secretary General s responsibility, has been developed as an input to the Investment Committee s work aimed at enhancing understanding of the fair and equitable treatment Standard in International Investment law.

favoured nation” principles which define the required treatment by reference to the treatment accorded to other investment1. Although some references to the standard can be found in the first negotiating attempts of multilateral trade and investment instruments, it became established as a principle mainly

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