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54.1

Article

The Intervention of Constitutional Courts in International Investment Law: The Case of Colombia, Vol. 54

Alejandro Linares-Cantillo

4 Aug 2022

Binding international investment arbitration allows a private foreign investor, as a third-party beneficiary of an international treaty, to have direct standing to sue a host State before an institutionalized or ad hoc international investment tribunal (Investor-State Dispute Settlement or ISDS) and claim damages from a breach of certain substantive protection standards, which are contained in written International Investment Agreements (IIAs), concluded by sovereign nations and governed by international law.

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Alejandro Linares-Cantillo is an associate justice at the Colombian Constitutional Court.