评Hochtief AG诉阿根廷共和国案

Hochtief AG诉阿根廷共和国案聚焦于国际投资条约中的最惠国待遇和公平公正待遇这两个重要条款,案件争议涉及管辖权与实体待遇问题。首先,仲裁庭对于最惠国待遇是否适用于争端解决程序性事项进行了分析,确定仲裁庭具有管辖权。其次,仲裁庭论证了违反公平公正待遇义务的要素,裁决东道国违反条约并给予赔偿。当前,中国兼具资本输出大国与资本输入大国的双重身份,针对我国如何更新国际投资条约的规定以及如何应对海外投资者提起的仲裁等问题,本案具有参考价值。

The case of Hochtief AG v.Argentine Republic focused on two important provisions of international investment treaties:most-favored-nation treatment and fair and equitable treatment.The dispute involved both jurisdictional and substantive treatment issues.First,the tribunal analyzed the applicability of the MFN treatment to the procedural issues in international investment dispute settlement and held that the tribunal had jurisdiction.Second,looking through the elements of violation of the obligation of fair and equitable treatment,the tribunal ruled that the host state had violated the treaty and awarded compensation accordingly.Now,as China has the dual status of a capital exporting and importing country,this case is of reference value for China in updating its international investment treaties and handling of arbitrations initiated by overseas investors.