The China-EU BIT currently being negotiated may be the "Global BIT 2.0," given that it will be the first new generation BIT that the EU and China conclude on their own initiative and is likely to significantly impact BIT practice worldwide.

With converging investment agreement practice and increased participation of developing countries in the investment regime, the time is right to reconsider a multilateral or plurilateral framework on investment. This Perspective discusses how existing institutions could contribute to its focus,...

A multilateral framework on investment could provide an opportunity for a systematic review and reform of the international investment regime. This Perspective considers what features a new regime should incorporate to ensure it is a self-balanced system that evenly serves the interests of host...

Force majeure clauses in investment contracts are currently in the spotlight, especially due to the COVID-19 pandemic and the Russia-Ukraine war. This Perspective highlights some key issues for parties to consider when declaring force majeure and suggests clarifying contractual language.