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INTERPRETATION OF THE MOST FAVOURED NATION (MFN) CLAUSE IN MODERN ARBITRATION: CONFLICTS OF INTERPRETATION AND METHODOLOGICAL ISSUES

Shoxsanam QuronboyevaMaster's Student, International Commercial Law Tashkent State University of Law
ABI

Abstract

This thesis analyzes methodological challenges concerning the interpretation of the Most Favored Nation (MFN) clause in international investment arbitration. The research examines the scope of MFN application to substantive and procedural rights, specifically focusing on its impact on dispute settlement procedures. Based on the Maffezini and Plama precedents, the study explores the nature of interpretational conflicts and the methodological role of the Vienna Convention and the ejusdem generis principle. Finally, practical recommendations are provided regarding the Bilateral Investment Treaties (BITs) and the 2019 Investment Law of the Republic of Uzbekistan.

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