International investment law is one of the most dynamic fields of international economic law and practice. The COVID-19 crisis poses challenges and opportunities for the efforts to reform international investment agreements (IIAs) and investor-State dispute settlement (ISDS). As China grows more powerful and contributes to global outward foreign direct investment (FDI), its participation in the international investment regime has attracted growing concerns about challenges to existing rules and its implications for future international investment regulation. The “International Investment Law” stream seeks to explore how current investment rules and institutions can be improved to promote and protect foreign investment in post-pandemic recovery and address the impact of policy initiatives in China and globally on the future international investment law regime. Led by Dr Lu Wang, the stream will examine a broad spectrum of significant issues emanating from investment law and policy, including:
Evolution of investment treaties, including the CPTPP, RCEP, and the EU-China CAI
International regulations on state-owned enterprises (SOEs)
Reform of investment dispute settlement
National security concerns and FDI screening
China’s foreign investment regime
The Belt and Road Initiative and its legal implications
Many countries have imposed extensive sanctions on Russia following its invasion of Ukraine. CIBEL held a virtual roundtable in May to discuss the impact of these restrictions on businesses both in Australia and worldwide.
Four CIBEL researchers were awarded a $283,250 research grant under the Australian Government’s ARC 2022 Discovery Projects scheme for their innovative project titled ‘China’s Belt and Road Initiative: A New Model of Economic Governance?’
Associate Professor Weihuan Zhou was invited by Hinrich Foundation to discuss a new report titled ‘Corporate Subsidies by China, the EU, and the US: Time for Reforms’ co-authored by Prof Simon Evenett and Johannes Fritz.
This conference explored the trend of international commercial and economic Law and its implications based on the analysis of representative areas (e.g., state-owned enterprises (SOEs) and investment rules, merge control).
This session approached this important topic from diverse viewpoints in trade and investment, with the major focus of the presentations ranging from investment obligations, competition law and policy and the regulation of digital platforms.
Associate Professor Weihuan Zhou‘s latest co-edited book, titled ‘Rethinking, Repackaging, and Rescuing World Trade Law in the Post-Pandemic Era’ explores the ways to 'rethink', 'repackage' and 'rescue' world trade law in the (post-)COVID-19 era.
This panel explored the ongoing efforts of ISDS reform from different institutions (including ICSID, UNCITRAL Working Group III on ISDS Reform) and probes public opinion on ISDS through behavioural experiments.
It might have come as a surprise to some, but China's formal application last week to join the Comprehensive Progressive Trans-Pacific Partnership is a chance to rethink Beijing's involvement in regional trade.
Regional trade agreements are fast changing. The assessment of regional trade agreements is crucial due to the major impact they have on parties, and the spillover effects they may have on non-parties (e.g., trade diversion).