BOOK LAUNCH - NUS Faculty of Law · The book by Professor M. Sornarajah, ‘Resistance and Change...

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The book by Professor M. Sornarajah, ‘Resistance and Change in the International Law on Foreign Investment’, was launched on 29 April 2015 at the NUS Bukit Timah Campus. Professor Sornarajah shared his inspiration and insights of the book, after Professor Simon Chesterman gave an introduction at the start of the launch. Visiting Professor Tony Anghie shared his friendship journey with Professor Sornarajah with the guests and his modest view on the book, sprinkled with jokes and humour. The Dean of Faculty of Law, Professor Chesterman, presented a poster with the guests’ penned congratulatory notes to Professor Sornarajah in commemoration of the launch. Professor Sornarajah also thanked the institution by giving the Faculty a signed copy of his book. Professor Sornarajah shared that he is a fortunate man, given every support by his family, friends, students and colleagues. He wrote the book for Thanga, who has shared so much of life with him. Abstract: Since the 1990s, conflicts within international law on foreign investment have arisen as a result of several competing interests. The neoliberal philosophy ensured inflexible investment protection given by a network of investment treaties interpreted in an expansive manner, which led to states creating regulatory space over foreign investment. However, NGOs committed to single causes such as human rights and the environment protested against inflexible investment protection. The rise to prominence of arguments against the fragmentation of international law also affected the development of investment law as an autonomous regime. These factors have resulted in some states renouncing the system of arbitration and other states creating new treaties which undermine inflexible investment protection. The treaty-based system of investment protection has therefore become tenuous, and change has become inevitable. Emphasizing the changes resulting from resistance to a system based on neoliberal foundations, this study looks at recent developments in the area. BOOK LAUNCH RESISTANCE AND CHANGE IN THE INTERNATIONAL LAW ON FOREIGN INVESTMENT By M.Sornarajah Introduction by: Professor Simon Chesterman, Dean, Faculty of Law Commentary by: Visiting Professor Tony Anghie

Transcript of BOOK LAUNCH - NUS Faculty of Law · The book by Professor M. Sornarajah, ‘Resistance and Change...

Page 1: BOOK LAUNCH - NUS Faculty of Law · The book by Professor M. Sornarajah, ‘Resistance and Change in the International Law on Foreign Investment’, was launched on 29 April 2015

The book by Professor M. Sornarajah, ‘Resistance and Change in the International Law on

Foreign Investment’, was launched on 29 April 2015 at the NUS Bukit Timah Campus.

Professor Sornarajah shared his inspiration and insights of the book, after Professor Simon

Chesterman gave an introduction at the start of the launch. Visiting Professor Tony Anghie

shared his friendship journey with Professor Sornarajah with the guests and his modest view

on the book, sprinkled with jokes and humour. The Dean of Faculty of Law, Professor

Chesterman, presented a poster with the guests’ penned congratulatory notes to Professor

Sornarajah in commemoration of the launch. Professor Sornarajah also thanked the

institution by giving the Faculty a signed copy of his book.

Professor Sornarajah shared that he is a fortunate man, given every support by his family,

friends, students and colleagues. He wrote the book for Thanga, who has shared so much of

life with him.

Abstract:

Since the 1990s, conflicts within international law on foreign investment have arisen as a

result of several competing interests. The neoliberal philosophy ensured inflexible investment

protection given by a network of investment treaties interpreted in an expansive manner,

which led to states creating regulatory space over foreign investment. However, NGOs

committed to single causes such as human rights and the environment protested against

inflexible investment protection. The rise to prominence of arguments against the

fragmentation of international law also affected the development of investment law as an

autonomous regime. These factors have resulted in some states renouncing the system of

arbitration and other states creating new treaties which undermine inflexible investment

protection. The treaty-based system of investment protection has therefore become tenuous,

and change has become inevitable. Emphasizing the changes resulting from resistance to a

system based on neoliberal foundations, this study looks at recent developments in the area.

BOOK LAUNCH

RESISTANCE AND CHANGE IN THE INTERNATIONAL LAW

ON FOREIGN INVESTMENT

By M.Sornarajah

Introduction by: Professor Simon Chesterman, Dean, Faculty of Law

Commentary by: Visiting Professor Tony Anghie

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The Author

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Page 9: BOOK LAUNCH - NUS Faculty of Law · The book by Professor M. Sornarajah, ‘Resistance and Change in the International Law on Foreign Investment’, was launched on 29 April 2015
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