Work

Bilateral Investment Treaties and ISDS in Azerbaijan and Central Asia

Year: 2025

Type: article

Abstract: This article explores the evolution of Bilateral Investment Treaties (BITs) and Investor-State Dispute Settlement (ISDS) practices in Azerbaijan and Central Asian countries. It offers a comparative analysis of treaty frameworks, highlighting shared features such as investor protections, ISDS access, and expropriation safeguards. Drawing on legal texts and recent reform efforts, the paper identifies structural weaknesses—particularly vague standards and limited regulatory space. It concludes with policy recommendations for modernizing BITs in line with sustainable development goals, UNCITRAL reform, and ESG considerations. The study contributes to the emerging literature on investment law in post-Soviet legal systems.

Source: Zenodo (CERN European Organization for Nuclear Research)

DOI: 10.5281/zenodo.15237094

Author: Nasirli, Farid

Language: English

Topic: International Arbitration and Investment Law

Subfield: Strategy and Management

Field: Business, Management and Accounting

Domain: Social Sciences

SDGs: Peace, justice, and strong institutions, Industry, innovation and infrastructure

Open Access status: green

OpenAlex ID: W6911820064

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