Abstract
The Patel Engineering Limited (“PEL”) v the Republic of Mozambique tribunal, constituted under the UNCITRAL Arbitration Rules, dealt with pre-investment expenditures and whether such expenditures constitute a protected investment. Investors frequently make expenditures in the preparatory phase of an investment, such as environmental impact assessments, scientific surveys, or financial advice. This blogpost explores the application of pre-investment expenditures in this case.
| Original language | English |
|---|---|
| Place of Publication | Kluwer Arbitration Blog |
| Publisher | Wolters Kluwer |
| Media of output | Online |
| Publication status | Published - 13 Jan 2025 |
UN SDGs
This output contributes to the following UN Sustainable Development Goals (SDGs)
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SDG 8 Decent Work and Economic Growth
Keywords
- investment arbitration
- pre-investment expenditures
- treaty interpretation
- interpretation and language
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