Publication Type

Transcript

Publication Date

3-2015

Abstract

This commentary discusses the first Singapore court decision to have interpreted a BIT to which Singapore is not a party. The case concerns a dispute between the Laos People’s Democratic Republic (“Laos”) and Sanum Investments Limited (“Sanum”), a company in corporated in Macau. The Court had to determine whether a bilateral investment treaty (“BIT”) between Laos and the People’s Republic of China (the “PRC-Laos BIT”) extended to Macau, which was handed over to China after the conclusion of the treaty. The Court concluded that neither the PRC nor Laos had intended for the treaty to apply to Macau. Further, the Court held that Sanum’s expropriation claims against the Laotian government fell outside the scope of the treaty. The decision turned on the relevant canons of treaty interpretation in light of the context within which the PRC-Laos BIT was drafted and subsequent agreements.

Discipline

Commercial Law

Research Areas

Commercial Law

Publication

Singapore Law Watch Commentary

Issue

3

First Page

1

Last Page

7

Publisher

Singapore Academy of Law

Creative Commons License

Creative Commons Attribution-Noncommercial-No Derivative Works 4.0 License
This work is licensed under a Creative Commons Attribution-Noncommercial-No Derivative Works 4.0 License.

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