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ปัญหาเกี่ยวกับมาตรการคุ้มครองชั่วคราวในอนุญาโตตุลาการด้านลงทุน

Abstract

The settlement of investment disputes between States and foreign investors through international arbitration allows parties to request provisional measures to prevent potential harm during proceedings. However, legal challenges remain regarding the criteria for granting such measures and the inconsistent approaches adopted by arbitral tribunals.This study examines the legal issues relating to provisional measures in investment arbitration, focusing on key requirements such as a prima facie case, the risk of irreparable harm, and the principle of proportionality. It also analyzes differences in the interpretation and application of these criteria, particularly through a comparison of procedural orders issued under the ICSID and UNCITRAL frameworks. The study finds that, despite the important role of provisional measures in protecting parties’ rights and preserving the effectiveness of arbitral proceedings, uncertainty persists regarding the applicable standards and their implementation. Such inconsistencies contribute to legal uncertainty and may affect the confidence of both investors and States. The study therefore recommends clearer interpretative guidelines and greater harmonization of international standards to ensure a more fair and effective use of provisional measures in investment arbitration.

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