These general exception clauses have enabled host States to adopt measures that would otherwise be incompatible with their substantive obligations to investors under investment agreements. [21] [10] The Protocol on Trade and Services includes two annexes: one on the most important wage exemption and the annex on air transport. [20] Kluwer Arbitration Blog, Rebalancing the Asymmetric Nature of International Investment Agreements?, Kun Fan, April 30, 2018. Available from arbitrationblog.kluwerarbitration.com/2018/04/30/rebalancing-asymmetric-nature-international-investment-agreements; Yearbook on International Investment Law & Policy 2014-2015 published by Andrea K. Bjorklund, p.50 et seq. .

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