1 Fair and equitable treatment (‘FET’) is a standard of international investment law which sets a quality requirement for the interference of host State regulatory and adjudicatory systems with foreign investments (see UNCTAD [2004] 213; Investments, International Protection). It has multiple terminological variants such as ‘just and equitable treatment’ or ‘equitable treatment’, which are of little assistance to determine its content (see Reinisch and Schreuer [2020] 251–54, 261–69, and 274–79). According to the UNCTAD Investment Dispute Settlement Navigator, a...
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