Abstract

ARIAS MURRIETA, María de los Ángeles. Is international investment arbitrament constitutionally prohibited in Ecuador?. Díkaion [online]. 2021, vol.30, n.2, pp.427-461.  Epub Dec 17, 2021. ISSN 0120-8942.  https://doi.org/10.5294/dika.2021.30.2.5.

The prohibition to submit to international arbitration bodies in the event of disputes arising from the signing of international instruments creates an environment of instability for foreign companies that wish to invest in Ecuador. This article addresses the problem of the interpretation and application of article 422 of the Constitution of Ecuador. Through a qualitative approach to the norm, it is analyzed whether this clause meets the parameters to qualify whether it has fallen into disuse, if it does not meet them, whether the limitation to submitting arbitration to international jurisdiction is absolute. Finally, the possibility of a flexible interpretation that allows Ecuador the possibility of signing international investment treaties submitted to international arbitration tribunals is analyzed.

Keywords : Bilateral investment treaties; disuse; constitutional mutation; informal reforms; international arbitration; sovereignty.

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