Book contents
- The Asian Turn in Foreign Investment
- The Asian Turn in Foreign Investment
- Copyright page
- Contents
- Figures
- Tables
- Contributors
- Acknowledgements
- Table of Cases
- Table of Treaties
- Abbreviations
- Part I Introduction
- Part II National Approaches within Asia to the Regulation and Protection of Foreign Investment
- 2 Investment Agreements and Dispute Settlement in Singapore
- 3 Pharmaceutical Patents and Expropriation in Indian Bilateral Investment Treaties
- 4 Out with the Old, In with the New?
- 5 China and the Investment Treaty Regime
- 6 Procedural Models to Upgrade BITs
- Part III The Rebalancing of Regulatory Space and Investor Protection in Asia
- Part IV Multilateral Rule-Making in Asia on Trade and Investment: From ASEAN to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership
- Part V Emerging Issues
- Part VI What Lies Ahead?
- Index
2 - Investment Agreements and Dispute Settlement in Singapore
Setting Standards
from Part II - National Approaches within Asia to the Regulation and Protection of Foreign Investment
Published online by Cambridge University Press: 13 August 2021
- The Asian Turn in Foreign Investment
- The Asian Turn in Foreign Investment
- Copyright page
- Contents
- Figures
- Tables
- Contributors
- Acknowledgements
- Table of Cases
- Table of Treaties
- Abbreviations
- Part I Introduction
- Part II National Approaches within Asia to the Regulation and Protection of Foreign Investment
- 2 Investment Agreements and Dispute Settlement in Singapore
- 3 Pharmaceutical Patents and Expropriation in Indian Bilateral Investment Treaties
- 4 Out with the Old, In with the New?
- 5 China and the Investment Treaty Regime
- 6 Procedural Models to Upgrade BITs
- Part III The Rebalancing of Regulatory Space and Investor Protection in Asia
- Part IV Multilateral Rule-Making in Asia on Trade and Investment: From ASEAN to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership
- Part V Emerging Issues
- Part VI What Lies Ahead?
- Index
Summary
At a time of global uncertainty in trade and investment regimes, Singapore’s investment policy-makers have been involved in negotiating ‘next generation’amendments to the Singapore-Australia Free Trade Agreement, while also resurrecting a familiar framework where necessary or expedient – i.e., bifurcating EU-Singapore trade and investment commitments into two separate agreements; namely, the EU-Singapore Free Trade Agreement and EU-Singapore Investment Protection Agreement.Singapore Courts are also prepared to review investment treaty-based arbitral awards afresh. Kingdom of Lesotho v Swissborough Diamond Mines is the second case where an investor-State arbitral tribunal’s award was closely scrutinized by the country’s apex court, and the in this instance the Singapore Court of Appeal held that the arbitral tribunal did not have jurisdiction and ultimately set aside the arbitral award. Analyzing these developments, this chapter suggests that Singapore is emerging as a standard-setter in investment policy and investor-state dispute settlement jurisprudence via the interpretation of investment-related treaty provisions.
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- The Asian Turn in Foreign Investment , pp. 13 - 28Publisher: Cambridge University PressPrint publication year: 2021