The Improvement of the international investment dispute settlement mechanism under the return of the exhaustion of local remedies rule
DOI:
https://doi.org/10.23925/2526-6284/2024.v4n4.71624Keywords:
Exhaustion of local remedies rules;International Settlement of Investment Disputes;ICSIDAbstract
The exhaustion of local remedies rule is an old customary rule that was gradually marginalized in the eighties of the twentieth century, but in recent years it has been gradually returning. This paper analyzes three basic issues: what is the exhaustion of local remedies rule, why the exhaustion of local remedies rule returns, and the measures to improve the international investment dispute settlement mechanism under the trend of the return of the exhaustion of local remedies rule.
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