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국제투자협정상 충분한 보호 및 안전 의무

Full Protection and Security in International Investment Treaties

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Most investment treaties contain provisions to afford the nationals of the other Parties full protection and security for investments. These full protection and security clauses oblige the host State to take reasonable measures to protect investors and their investments from physical violence and damage by the host State or its organs or by the third parties. The language of the obligation in them, however, is very varied and ambiguous and also has not any reference to the standard to be applied in interpreting it in the vast majority of BITs. The lack of reference to it has led to a debate on whether a strict liability is imposed on the host State by them or how its scope shall be defined. There seems to be a general consensus that the clauses do not bring a strict liability to the host State and are limited to physical security under customary international law. But recently a number of tribunals have found that the full protection and security standard can be extended beyond physical security. It remains to be seen that the tendency of tribunals to extend its scope to the legal protection will be established.

Abstract

Most investment treaties contain provisions to afford the nationals of the other Parties full protection and security for investments. These full protection and security clauses oblige the host State to take reasonable measures to protect investors and their investments from physical violence and damage by the host State or its organs or by the third parties. The language of the obligation in them, however, is very varied and ambiguous and also has not any reference to the standard to be applied in interpreting it in the vast majority of BITs. The lack of reference to it has led to a debate on whether a strict liability is imposed on the host State by them or how its scope shall be defined. There seems to be a general consensus that the clauses do not bring a strict liability to the host State and are limited to physical security under customary international law. But recently a number of tribunals have found that the full protection and security standard can be extended beyond physical security. It remains to be seen that the tendency of tribunals to extend its scope to the legal protection will be established.

참고문헌 (20)

  1. C.F. Dugan, "Investor-State Arbitration" (2008), Oxford University Press
  2. C. McLachlan QC, "International Investment Arbitration" (2007), Oxford University Press
  3. Margaret L. Moses, "The Principles and Practice of International Commercial Arbitration" (2008), Cambridge University Press
  4. A. Newcombe, "Law and Practice of Investment Treaties: Standards of Treatment" (2009), Wolters Kluwer
  5. Jeswald W. Salacuse, "The Law of Investment Treaties" (2010), Oxford University Press
  6. Ullrich Janke, "ICSID - Internationale Schiedsgerichtsbarkeit" (2009), Grin Verlag
  7. Paul Olejarz, "Internationale Schiedsverfahren" (2008), Vdm Verlag Dr. Müller
  8. Christoph Schreuer, "Full Protection and Security", Journal of International Dispute Settlement, pp.1~17 (2010)
  9. 'The Full Protection and Security Standard Comes of age: Yet another challenge for states in investment treaty arbitration?, "Mahnaz Malik", The International Institute for Sustainable Development, ~, pp.The International Institute for Sustainable Development(iisd) Best Practices Series 11 (2011)
  10. Guiditta Cordero Moss, "Full Protection and Security, In Standard of Investment Protection" (2008), Oxford University Press
  11. Helge E. Zeitler, "Full Protection and Security, In International Investment Law and Comparative Public Law" (2010), Oxford University Press
  12. fair and equitable treatment standard in the international investment law, "OECD", ~, pp.working papers international investment, No. 2004 (2004), 3
  13. 홍기빈, "투자자-국가 직접소송제" (2006), 녹색평론사
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  15. 석광현, "국제사법과 국제소송 제4권" (2007), 박영사
  16. 목영준, "상사중재법" (2011), 박영사
  17. 박노형, "국제경제법" (2012), 박영사
  18. 박덕영, "국제투자법" (2012), 박영사
  19. 박선욱, "공정하고 공평한 대우 원칙의 발전 - 국제투자중재 판정례들을 중심으로 -", 법학연구, (44), pp.325~350 (2011), 한국법학회

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