The 6th FDI Moot Asia-Pacific Regional Rounds
Saturday July 21, 2018 -Tuesday July 24, 2018
The Korean Commercial Arbitration Board (KCAB) is holding the 6th FDI Moot Asia-Pacific Regional Rounds with Center for International Legal Studies (CILS) and Seoul National University School of Law.
Increasing international investment, the proliferation of international investment treaties and contracts have contributed to the development of international law that defines obligations between host States and foreign investors and refers to internationalized arbitration procedures for resolving related disputes. The FDI Moot addresses such investment disputes.
The 2018 FDI Moot case considers how a new government has suspended the extraction of a rare earth, for which a foreign investor held the sole mining concession. The suspension was based on a study showing increased health risk in the nearby population. The suspension, confiscation of rare earths already prepared for export and customers’ contract terminations led the investor to shut down its operations, only then to discover government plans to license extraction by another investor.