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- Title
The Republic of Ghana and Bilateral Investment Treaties: A Burgeoning Expert?
- Authors
Avayiwoe, Gracious
- Abstract
In this note, I categorize and review the bilateral investment treaties (BITs) concluded by the Republic of Ghana. I identify the current status of Ghana in the BIT sphere as being that of neither a novice nor a fully-fledged expert. The country is, nevertheless, progressively exhibiting some level of innovation and negotiation influence. Notwithstanding, all generations of its BITs remain very broad in scope, and, also, share laconic and vaguely-worded provisions. Furthermore, contemporary models of international investment agreements (IIAs) as contained in Ghana's latest BIT—the earlier generations having lacked such innovations—is not as robust as those in emerging IIAs of Africa. Towards sustainability and systemic coherence of the BITs and the new African IIA paradigm, Ghana, certainly, needs to reform its existing BITs and reorient its future investment treaty practice. In the interim, I propose the Pan-African Investment Code (PAIC) as the benchmark.
- Subjects
INVESTMENT treaties; FOREIGN investments; SUSTAINABILITY; INVESTMENT laws; INTERNATIONAL Centre for Settlement of Investment Disputes
- Publication
ICSID Review: Foreign Investment Law Journal, 2020, Vol 35, Issue 1/2, p50
- ISSN
0258-3690
- Publication type
Article
- DOI
10.1093/icsidreview/siaa008