Book contents
- The Asian Turn in Foreign Investment
- The Asian Turn in Foreign Investment
- Copyright page
- Contents
- Figures
- Tables
- Contributors
- Acknowledgements
- Table of Cases
- Table of Treaties
- Abbreviations
- Part I Introduction
- Part II National Approaches within Asia to the Regulation and Protection of Foreign Investment
- 2 Investment Agreements and Dispute Settlement in Singapore
- 3 Pharmaceutical Patents and Expropriation in Indian Bilateral Investment Treaties
- 4 Out with the Old, In with the New?
- 5 China and the Investment Treaty Regime
- 6 Procedural Models to Upgrade BITs
- Part III The Rebalancing of Regulatory Space and Investor Protection in Asia
- Part IV Multilateral Rule-Making in Asia on Trade and Investment: From ASEAN to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership
- Part V Emerging Issues
- Part VI What Lies Ahead?
- Index
4 - Out with the Old, In with the New?
Unpacking Myanmar’s Consolidated Investment Law
from Part II - National Approaches within Asia to the Regulation and Protection of Foreign Investment
Published online by Cambridge University Press: 13 August 2021
- The Asian Turn in Foreign Investment
- The Asian Turn in Foreign Investment
- Copyright page
- Contents
- Figures
- Tables
- Contributors
- Acknowledgements
- Table of Cases
- Table of Treaties
- Abbreviations
- Part I Introduction
- Part II National Approaches within Asia to the Regulation and Protection of Foreign Investment
- 2 Investment Agreements and Dispute Settlement in Singapore
- 3 Pharmaceutical Patents and Expropriation in Indian Bilateral Investment Treaties
- 4 Out with the Old, In with the New?
- 5 China and the Investment Treaty Regime
- 6 Procedural Models to Upgrade BITs
- Part III The Rebalancing of Regulatory Space and Investor Protection in Asia
- Part IV Multilateral Rule-Making in Asia on Trade and Investment: From ASEAN to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership
- Part V Emerging Issues
- Part VI What Lies Ahead?
- Index
Summary
The Myanmar Investment Law (“MIL”) and related statutory and institutional reforms (such as the Myanmar Investment Commission) seek to provide a level playing field for local and foreign investors; ensure adequate investor protections to promote investor confidence; and provide a nascent grievance mechanism for the settlement of an investor-State dispute.This chapter examines the framework and structure that the MIL advances to protect investors; and at the same time, to preserve Myanmar’s regulatory authority to pursue legitimate objectives that are consistent with international investment law, such as to prohibit investments that are contrary to the public interest, and to adopt reasonable measures to protect it.
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- The Asian Turn in Foreign Investment , pp. 48 - 62Publisher: Cambridge University PressPrint publication year: 2021