The scope and applicability of Most-Favoured-Nation (MFN) clause in investment treaties: a survey of the jurisprudence of the international centre for settlement of investment disputes

Abstract

This paper surveys the interpretation that has been given to the word ‘treatment’ in the jurisprudence of the International Centre for Settlement of Investment Disputes (ICSID) with a view of promoting a common vision about the scope and contours of the MFN clause contained in a number of bilateral investment treaties (BITs).

Keywords: MFN, BIT, Most-Favoured Nation, investment treaties