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The Role of Travaux in Interpreting BIT Provisions: Are Tribunals Over-Prepared to Resort to Preparatory Works?

机译:Travaux在解释BIT条款中的作用:法庭是否准备过度准备进行准备工作?

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摘要

While multilateral investment treaties have formed the centrepiece of much academic discourse, an uncharacteristic literary silence has eclipsed the issue of interpretation of bilateral investment treaties under the scheme of the Vienna Convention on the Law of Treaties (VCLT). This article travels this untraversed territory by revisiting the basics of the principles encapsulated in the hierarchical set-up of Articles 31 and 32 VCLT, and juxtaposing this foundational set-up against its frequent oversights by investment tribunals. These oversights are exemplified by the divergent interpretative analyses afforded to umbrella and most-favoured-nation clauses, and emanate from a premature resort to the travaux preparatoires of investment treaties under Article 32 VCLT. Ultimately, the article argues that a proper application of the VCLT would go a long way in eliminating the contradictions tainting the understanding of the aforesaid clauses.
机译:尽管多边投资条约已成为许多学术讨论的中心,但在《维也纳条约法公约》(VCLT)框架下,文学上的默默无言掩盖了双边投资条约的解释问题。本文通过重新审视VCLT第31条和第32条分层结构中封装的原则的基础,并将此基础结构与投资法庭对其进行的经常性监督并列,来探讨这一未曾涉足的领域。这些监督通过对伞形条款和最惠国条款的不同解释性分析得以说明,并源于过早诉诸《 VCLT第32条》规定的投资条约的准备工作条款。最终,文章认为,VCLT的正确应用对于消除妨碍理解上述条款的矛盾大有帮助。

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