4 U. Bologna L. Rev. 1 (2019)

handle is hein.journals/bologna4 and id is 1 raw text is: 


           Bilateral Investment Treaties Of Uzbekistan:

                  Investor-State Dispute Resolution

                             ELDOR TULYAKOV, MPt

TABLE OF CONTENTS: 1. Introduction; 2. Available Forums for the Settlement of Disputes
Under Uzbek Bits; 3. Uzbekistan's Tendency of Concluding Bits; 4. Source of Uzbekistan's
Consent to Arbitration; 5. Waiting Periods and Amicable Settlement; 6. Fork in the Road
Provision; 7. Most- Favoured -Nation and Umbrella Clauses; 8. Final Awards; 8.1. Costs of
Arbitration; 8.2. Diplomatic Interference; 8.3. Operation of Bits in Practice; 9. Summary
and Recommendations.

ABSTRACT: The main purpose of this paper is to familiarise the reader with how foreign
investors are protected in Uzbekistan under its BITs. Thus, the paper will analyse BIT
clauses of Uzbekistan and investor-state dispute resolution mechanisms available under
Uzbek BITs. Throughout the following paper, the reader will notice that although Uzbek
BITs contain some provisions inherent in modern BITs in terms of investor-state dispute
settlement there is still room for improvement.  Therefore, recommendations for
improvement will be provided at the end of this article.

KEYWORDS: Investment; BIT; Uzbekistan; Protection; International Law; Investor-State
Arbitration; Dispute

JEL CODES: (33, K41


        ISSN 2531-6133

        [VOL.4:1 2019]


What Is HeinOnline?

HeinOnline is a subscription-based resource containing nearly 2,700 academic and legal journals from inception; complete coverage of government documents such as U.S. Statutes at Large, U.S. Code, Federal Register, Code of Federal Regulations, U.S. Reports, and much more. Documents are image-based, fully searchable PDFs with the authority of print combined with the accessibility of a user-friendly and powerful database. For more information, request a quote or trial for your organization below.

Short-term subscription options include 24 hours, 48 hours, or 1 week to HeinOnline with pricing starting as low as $29.95

Access to this content requires a subscription. Please visit the following page to request a quote or trial:

Already a HeinOnline Subscriber?