Kluwer Law International The Energy Charter Treaty: The Notion of Investor ( International Arbitration Law Library 25)

The Energy Charter Treaty (ECT) is a multilateral treaty in the energy sector, entered into force in April 1998, which gained worldwide recognition mainly because of its provisions on the promotion and protection of investments. The ECT currently has over 45 contracting parties. Its popularity increased significantly in the last few years following the proliferation of disputes submitted to arbitration under Article 26 of the ECT, while investors became more familiarized with the rights granted by the ECT in respect of their investments. At present, more than 20 disputes between investors and contracting parties have been submitted to arbitration. The requirements of investor and investment are essential for the benefit of the protection offered by the ECT. The book suggests a comprehensive approach to the notion of investor . It analyzes the notion of investor in an inclusive manner, starting with the concept of Contracting Party to the ECT and its implications in respect of the notion of investor , going through nationality, permanent residency, dual nationality, companies and other legal entities and shareholders, to the notion of investment and its role in defining the concept of investor under the ECT. The aim of the book is to shed light on the proper meaning of the notion of investor under the ECT, considering the close relationship between the ECT and other treaties ; such as the ICSID Convention ; and arbitration rules.