Constitutionalization of international investment law: Indirect expropriation cases, fair and equitable treatment

• Autores: Higa Silva, César, Saco Chung, Víctor
• Formato: artículo
• Fecha de Publicación: 2013
• Institución: Pontificia Universidad Católica del Perú
• Repositorio: Revistas - Pontificia Universidad Católica del Perú
• Lenguaje: español
• OAI Identifier: oai:revistaspuc:article/8903
• Enlace del recurso: http://revistas.pucp.edu.pe/index.php/derechopucp/article/view/8903
• Nivel de acceso: acceso abierto
• Materia: international investments law; constitutionalization; fair and equitable treatment; indirect expropriation; rule of law; international law of human rights; consistency; consistent interpretation; investment climate; derecho internacional de las inversiones; constitucionalización; trato justo y equitativo; expropiación indirecta; derecho internacional de los derechos humanos; coherencia; interpretación coherente; clima de inversión

The purpose of this paper is to explore the impact of international investment law rules in the Economic Constitutional Law, especially those included in investment chapters of Peruvian’s Free Trade Treaties. In particular, it is expected to demonstrate the following (i) International Investment Law is part of Peruvian Legal System; (ii) provisions of these laws are mandatory and should be applied domestically; and (iii) interpretation and implementation of this legal right should be executed consistently with domestic legal system and Peruvian international obligations. This agreed Interpretation between Investment Law and Economic Constitution will have a positive effect in rationalization of public entities actions avoiding abuses and maltreatment to investors, in order to improve investment climate as a key element forachieving country’s sustainable development.