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A number of factors have led to a more uncertain environment for infrastructure investment globally as we move into 2022.
Traditionally we have looked to investment treaties to provide protection against unlawful State intervention.
This protection is perhaps now more important than it has ever been. But the landscape for protecting foreign investment using investment treaties has become more complex.
We have highlighted five recent developments relevant to the protection of foreign investment in infrastructure assets and what this means for investments in 2022.