National treatment: McLachlan, Shore and Weiniger note in their book “International Investment Arbitration” that “customary international law does not prohibit the distinction between aliens and nationals. To remedy this omission, the national treatment obligation contained in most investment protection agreements is intended to finally create a level playing field for foreign investors (at least after they have established them in the country). The idea behind this norm is that States cannot establish differences between domestic and foreign investors unless this is necessary for public policy purposes. If this clause is included in a contract, investors from one country have the right to obtain the same treatment as local investors from the other ILO signatory country. IiA Navigator This database of IAs – the IIA browser – is managed by UNCTAD`s IIA Section. You can browse the IIAs concluded by a particular country or group of countries, view the recently concluded ais or use the extended contract search for demanding research tailored to your needs. Please cite UNCTAD, International Investment Agreements Navigator, available on investmentpolicy.unctad.org/international-investment-agreements/ 23 This capacity was first recognized at the international level by the 1961 Geneva Agreement on International Commercial Arbitration, which was also ratified by States where the prohibition in question was well established (France, Belgium). . . . .
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