The international arbitration provision (Art.26) of the Energy Charter Treaty (ECT) is considered to be one of the ''four pillars'' of the Treaty. The ECT provides for three different principal regimes of dispute settlement: investor-to-state arbitration (Art.26); state-to-state arbitration (Art.27); a GATT-like dispute settlement mechanism for trade disputes. The reason why we are concerned here only with the first type is that its adoption in a prospective regional energy charter in the Asia-Pacific will be problematic given.
|Journal||Oil, Gas & Energy Law|
|Publication status||Published - Dec 2005|