CEU eTD Collection (2017); Gizaw, Asamnew Debay: Ethiopia's Bilateral Investment Treaties and Protection of the Environment

CEU Electronic Theses and Dissertations, 2017
Author Gizaw, Asamnew Debay
Title Ethiopia's Bilateral Investment Treaties and Protection of the Environment
Summary Ethiopia’s continued economic growth for the past ten years has attracted a considerable amount of FDI (Foreign Direct Investment). FDI has been remarkable in the manufacturing sector. One of the ways of promoting FDI in Ethiopia has been signing BITs (Bilateral Investment Treaties) with other states. The global BIT regime has been criticized on various grounds like the absence of environmental protection, respect for human rights and labor standards, etc. The absence of reciprocal duty on part of the investors has also been another point of concern in BITs.
By signing BITs, Ethiopia gives protection to foreign investments. This research shows that virtually all of Ethiopia’s BITs do not accord any kind of protection to the environment. The research has further tried to show that, under its current BIT regime, Ethiopia faces risk of expensive litigation before international investment tribunals for its unilateral measures, legislation which may be taken to protect the environment and/or mitigate pollution.
Supervisor Lawrence, Jessica ; Professor
Department Legal Studies LLM
Full texthttps://www.etd.ceu.edu/2017/gizaw_asamnew.pdf

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