Authors: Dmitry Skrynka, Oleksandra Brovko
Keywords: ICSID; international investment arbitration; settlement of investment disputes; settlement of trade disputes; World Trade Organization; WTO Appellate Body; WTO Dispute Settlement Body
The article deals with current shortcomings of traditional methods of settlement of investment disputes as compared to the advantages of the WTO dispute settlement system. The authors have identified and elaborated upon the need to reform the investment dispute settlement regime. Also, the authors point out that there are efficient alternatives to this system. Based on the analysis of procedural issues, the authors demonstrate that the idea of using WTO dispute settlement procedures for the settlement of investment disputes has solid ground.