双边投资保护协定中“非排除措施”条款研究

双边投资保护协定中的"非排除措施"条款通常出现于条约正文或相关议定书之中,是平衡东道国国家利益和投资者私人利益的标尺,具有显著的风险分配功能。与"非排除措施"相关的法律问题主要包括条款解释、审查标准两个方面。条款解释的"两阶段"理论有助于减少法的不确定性,值得肯定;在审查标准中应引入善意原则,以防止国家滥用"非排除措施"。在中美双边投资保护协定的谈判中应引入"非排除措施"条款,以切实保护投资者的利益。

Study on the Non-Precluded Measures Clause in the Bilateral Investment Treaty

The Non-Precluded Measures(NPM) clause often finds its way in the text or appendix of bilateral investment treaties,which plays a part in the balancing of interests between host country and foreign investors and has the effects of distribution of risks.The main legal problems concerning NPM include interpretation and standard of review.As to the interpretation,the Two-Step theory contributes to reduce the legal uncertainty,and as to the standard of review,the good faith principle should be introduced to pre...