The Research On Investor-state Dispute Settlement Of "The Belt And Road" Initiative

With the development of the global economy,the economic dealings between countries are becoming more and more frequent,and international investment has become an important part in the global economy.At the same time,the investment disputes triggered by it are more than before.In order to promote the development of the global economy,we must resolve these disputes properly.“The Belt and Road” Initiative has injected new impetus into the prosperity of the global economy,and the Bilateral Investment Treaty(BIT)and Regional Trade Agreement(RTA)are important tools to promote the development of it.A comprehensive Investor-State Dispute Settlement mechanism is inseparable from the implementation of BITs and RTAs,and it is also the main point to advancing “The Belt and Road”Initiative.The Investor-State Dispute Settlement mechanisms both in the BITs and RTAs are not compatible with the purpose of “The Belt and Road”Initiative.With the development of “The Belt and Road” Initiative,more countries will participate in it.The existing Investor-State Dispute Settlement mechanism can not meet the need of “The Belt and Road” Initiative even more.The purpose of this paper is to explore the ways to improve the Investor-State Dispute Settlement mechanism under “The Belt and Road”Initiative and to draft a systematic Investor-State Dispute Settlement mechanism that can be applied to all countries in “The Belt and Road” region.