In today's global marketplace it is common for States to become involved in various commercial activities through State-owned enterprises. National practices regarding sovereign immunity are so diverse that formulating rules of universal application is a very difficult task. That task is even more complex when State-owned enterprises are involved in international business transactions. The purpose of this chapter is to highlight recent trends and issues in the area of sovereign immunity that are frequently encountered in international commercial arbitration.
|Title of host publication||Handbook on international arbitration practice|
|Place of Publication||Huntington, New York|
|Number of pages||16|
|Publication status||Published - 2010|