Just How Favored is 'Most-Favored'?
Nearly all BITs include the MFN standard. The conventional idea appears to have held that the MFN standard only entitles the beneficiary of an MFN provision to invoke more favorable substantive provisions. However, this conception was altered in 2000 when an ICSID tribunal rendered an award in which it held that the scope of an MFN clause may include dispute settlement and questions of jurisdictio