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ALBERTO CARRIZOSA GELZIS, FELIPE CARRIZOSA GELZIS,
ENRIQUE CARRIZOSA GELZIS v. THE REPUBLIC OF COLOMBIA
PCA Case N° 2018-56


CLAIMANTS' TABLE OF AUTHORITIES


Decisions and Awards

CLA- 1 Acta No. 15, Sala Plena de lo Contencioso Administrativo, Republica de Colombia, Consejo de Estado, 31 de mayo de 2011.
CLA- 2 ADF Group Inc. v. United States of America, Award, (Jan. 9, 2003), ICSID Reports 470.
CLA- 3 Ambatielos (Greece v. United Kingdom) (1956) XII RIAA 83.
CLA- 4 Ambiente Ufficio S.P.A. and others v. Argentine Republic, ICSID Case No. ARB/08/9, Decision on Jurisdiction and Admissibility, (February 8, 2013).
CLA- 5 Archer Daniels v. Mexico, ICSID Case No. Arb/04/05, Award, (Nov. 21, 2007).
CLA- 6 Attaollah Golpira v. The Government of the Islamic Republic of Iran, IUSCT Case No. 211 (Award No. 32-211-2) (March 1983).
CLA- 7 Austrian Airlines v. The Slovak Republic, UNCITRAL, Final Award, (Oct. 9, 2009).
CLA- 8 AWG Group Ltd v. The Argentine Republic, UNCITRAL Decision on Jurisdiction, (Aug. 3, 2006).
CLA- 9 Banco de la Republica v. Financiera de Desarrollo S.A. - Findesarrollo S.A. - En Liquidación. Consejo de Estado, Sección Primera, Radicación número: 25000-23-24-000-2000-00364-01, (Jul. 9, 2004)
CLA- 10 Barcelona Traction, Light and Power Company, Ltd. (Belgium v. Spain), Second Phase, Judgment, (Feb. 5, 1970), 1970 I.C.J. 3.
CLA- 11 Barcelona Traction, Light and Power Company, Ltd. (Belgium v. Spain), Second Phase, Judgment, Separate Opinion of Judge Sir Gerald Fitzmaurice, (Feb. 6, 1970) 1970 ICJ 64 .

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CLA- 12 Bayindir Insaat Turizm Ticaret Ve Sanayi A.S. v. Islamic Republic of Pakistan, ICSID Case No. ARB/03/29, Award, (Aug. 27, 2009).
CLA- 13 Bayindir Insaat Turizm Ticaret Ve Sanayai A.S. v. Islamic Republic of Pakistan, ICSID Case No. ARB/03/29, Decision on Jurisdiction, (Nov. 14, 2005).
CLA- 14 Blue Bank International & Trust (Barbados) Ltd. v. Bolivarian Republic of Venezuela, ICSID Case No. ARB/12/20, Award, (April 26, 2017)
CLA- 15 Canfor Corporation v. United States; Terminal Forest Products Ltd. v. United States (in the Consolidated Arbitration Pursuant to Article 1126 of the North American Free Trade Agreement (NAFTA) and the UNCITRAL Arbitral Rules), Decision on Preliminary Questions, (June 6, 2006).
CLA- 16 Case Concerning Oil Platforms (Iran v. United States of America), 1996 ICJ 803, 856, December 12, 1996 (Separate Opinion of Judge Higgins)
CLA- 17 Caso James W.F. Raisbeck, Consejo de Estado, Sección Primera, Exp. No. 134, 6 de junio de 1986, Consejero ponente: Guillermo Benavides Melo, citado por Carlos Ariel Sánchez Torres en "Acto Administrativo", publicado por el Consejo Superior de la Judicatura, 2007.
CLA- 18 Chemtura Corporation v. Government of Canada, UNCITRAL (formerly Crompton Corporation v. Government of Canada), Award, (Aug. 2, 2010).
CLA- 19 CME Czech Republic B.V. (The Netherlands) v. The Czech Republic, UNCITRAL, Final Award, (Mar. 14, 2003).
CLA- 20 Consejo de Estado, Sección Cuarta, Expediente No. 15728 del 1 de noviembre de 2007 (Compto y otras v. Fogafin y Superintendencia Financiera de Colombia).
CLA- 21 Colombian Constitutional Court, Opinion SU-447-11, (May 26, 2011)
CLA- 22 Colombian Constitutional Court, SU 447, Pinilla clarification of vote.
CLA- 23 Corporacion Mexicana de Mantenimiento Integral, S. de R.L. de C.V. v. Pemex-Exploracion y Produccion, 832 F.3d 92 (2d Cir. 2016).

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CLA- 24 Corte Constitucional, Comunicado No. 25 Junio 25 y 26 de 2014
CLA- 25 Corte Suprema de Justicia. Sala civil. Sentencia del 4 de abril de 2013. Exp. 11001-3103-013-2008-00348-01.
CLA- 26 Dan Cake (Portugal) S.A. v. Hungary, ICSID Case No. ARB/12/9, Decision on jurisdiction and liability (Aug. 24, 2015).
CLA- 27 David Minnotte and Robert Lewis v. Republic of Poland, ICSID Case No. ARB(AF)/10/1, Award, (May 16, 2014).
CLA- 28 Deutsche Bank AG v. Democratic Socialist Republic of Sri Lanka, ICSID Case No. ARB/09/2, Award (Oct. 31, 2012).
CLA- 29 Duke Energy International Peru Investments No. 1 Ltd. v. Republic of Peru, ICSID Case No. ARB/03/28, Decision of the Ad Hoc Committee, (March 1, 2011).
CLA- 30 El Paso Energy International Co. v. Argentine Republic, ICSID Case No ARB/03/15, Award, (Oct. 31, 2011).
CLA- 31 Emilio Agustin Maffezini v. Kingdom of Spain, ICSID Case No. ARB/97/7, Decision of the Tribunal on Objections to Jurisdiction, (Jan. 25, 2000).
CLA- 32 Escrito de incidencia de nulidad, presentado por Mauricio Gómez Fajardo, presidente del Consejo de Estado.
CLA- 33 Eudoro Armando Olguín v. Republic of Paraguay, ICSID Case No. ARB/98/5, (Award), (July 26, 2001).
CLA- 34 Garanti Koza LLP v. Turkmenistan, ICSID Case No. ARB/11/20, Decision on the Objection of Jurisdiction for Lack of Consent, (Jul. 3, 2013).
CLA- 35 Gas Natural SDG, S.A. v. The Argentine Republic, ICSID Case No. ARB/03/10, Decision on Jurisdiction, (June 17, 2005).
CLA- 36 Grand River Enter. Six Nations, Ltd. v. United States, ICSID Case No. UNCT/14/2, Decision on Objections to Jurisdiction, (Jul. 20, 2016).
CLA- 37 Hesham T. M. Al Warraq v. Republic of Indonesia, UNCITRAL, Award, (Dec. 15, 2014).

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CLA- 38 Impregilo S.p.A. v. Argentine Republic, ICSID Case No. ARB/07/17, Award, (June 21, 2011).
CLA- 39 Impregilo S.p.A. v. Islamic Republic of Pakistan, ICSID Case No. ARB/03/3, Decision on Jurisdiction, (Apr. 22, 2005).
CLA- 40 Ioan Micula, Viorel Micula, F.C. European Food S.A., S.C. Starmill S.R.L. and S.C. Multipack S.R.L. v. Romania, ICSID Case No. ARB/05/20, Decision on Jurisdiction and Admissibility, (Sept. 24, 2008).
CLA- 41 Jan de Nul N.V., et al. v. Egypt, ICSID Case No. ARB/04/13, Decision on Jurisdiction, (June 16, 2006).
CLA- 42 Jorge Enrique Robledo Castillo y otros v. Dirección de Impuestos y Aduanas Nacionales - DIAN, Consejo de Estado, Sección Cuarta, Radicación número: 11001-03-27-000-2013-00007-00 (19950), 12 de octubre de 2017. Consejero ponente: Stella Jeannette Carvajal Basto.
CLA- 43 Kılıç İnşaat İthalat İhracat Sanayi ve Ticaret Anonim Şirketi v. Turkmenistan, ICSID Case No. ARB/10/1, Decision on Article VII.2 of the Turkey-Turkmenistan Bilateral Investment Treaty, (May 7, 2012).
CLA- 44 Loewen v. United States of America, ICSID Case No. ARB(AF)/98/3, Exp. Opinion of Sir Robert Jennings, (Oct. 26, 1998).
CLA- 45 Loewen v. United Stated of American, ICSID Case No. ARB(AF)-98-3, Opinion of Sir Ian Sinclair, (May 9, 2001).
CLA- 46 Marguerite de Joly de Sabla (U.S.) v. Panama, 6 Rep. of Int'l Arb. Awards 358 (Jun. 29, 1933).
CLA- 47 Mergé Case—Decision No. 55, Italian-United States Conciliation Commission (June. 10, 1955).
CLA- 48 Metalclad Corporation v. The United Mexican States, ICSID CASE No. ARB (AF)/97/1, Award, (Aug. 30, 2000).
CLA- 49 Michael Ballantine v. The Dominican Republic, PCA Case No. 2016-17 (CAFTA-DR) (UNCITRAL). Notice of Arbitration and Statement of Claim, (Sept. 11, 2014).
CLA- 50 Michael Ballantine v. The Dominican Republic, PCA Case No. 2016-

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17 (CAFTA-DR)(UNCITRAL), Procedural Order no. 2, (April 21, 2017).
CLA- 51 Mondev International Ltd. v. United States of America, ICSID Case No. ARB(AF)/99/2, Award, (Oct. 11, 2002).
CLA- 52 MTD Equity Sdn. Bhd. and MTD Chile S.A. v. Republic of Chile, ICSID Case No. ARB/01/7, Award, (May 25, 2004).
CLA- 53 Muhammet Çap Sehil Inşaat Endustri ve Ticaret Ltd. Sti. v. Turkmenistan, ICSID Case No. ARB/12/6, Decision on Respondent's Objection to Jurisdiction under Article VII(2) of the Turkey-Turkmenistan Bilateral Investment Treaty, (Feb. 13, 2015).
CLA- 54 Nasser Esphahanian v. Bank Tejarat, (Award), IUSCT Case No. 157 (31-157-2) (March 29, 1983).
CLA- 55 National Gas S.A.E. v. Arab Republic of Egypt, ICSID Case No. ARB/11/7, Award, (April 3, 2014).
CLA- 56 National Grid, PLC v. The Argentine Republic, UNCITRAL, Decision on Jurisdiction, (June 20, 2006), (Argentina-UK BIT).
CLA- 57 Nottebohm Case (Liechtenstein v. Guatemala), Second Phase, (Apr. 6, 1955), 1955 C.I.J. Reports 1.
CLA- 58 Oil Fields of Texas, Inc. v. Iran, 1 Iran-U.S. Cl. Trib. Rep. 347 (Dec. 8, 1982).
CLA- 59 Pan American Energy, LLC, et al. v. Argentine Republic, ICSID Case No. ARB/03/13, Decision on Preliminary Objections, (July 27, 2006).
CLA- 60 Parkerings-Compagniet AS v. Republic of Lithuania, ICSID Case No. ARB/05/8, Award, (Sept. 11, 2007).
CLA- 61 Phoenix Action Ltd. v. The Czech Republic, ICSID Case No. ARB/06/5, Award, (April 15, 2009).
CLA- 62 Plama Consortium Limited v. Reublic of Bulgaria, ICSID Case No. ARB/03/24, Decision on Jurisdiction, (Feb. 8, 2005).
CLA- 63 Pope and Talbot Inc. v. The Government of Canada, UNCITRAL, Award on Merits of Phase 2, (Apr. 10, 2001).
CLA- 64 Quasar de Valores SICAV S.A. v. Russian Federation, SCC

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Arbitration No. 24/2007, Award, (Jul. 20, 2012).
CLA- 65 Renta 4 S.V.S.A, Ahorro Corporación Emergentes F.I., Ahorro Corporacion Eurofondo F.I., Rovime Inversiones SICAV S.A., Quasar de Valors SICAV S.A., Orgor de Valores SICAV S.A., GBI 9000 SICAV S.A. v. The Russian Federation, SCC No. 24/2007, Award on Preliminary Objections, (Mar. 20, 2009).
CLA- 66 Republic of Colombia, Court for Constitutional Matters, Full Abstention from Voting by Magistrate, Alberto Roja Rios on Decision 188 of 2014, Cases T-2.089.121 and T-2.180.640 AC
CLA- 67 Republica de Colombia, Corte Constitucional, Auto 188 de 2014, Ref. Expediente T-2.089.121 AC
CLA- 68 Republica de Colombia, Corte Constitucional, Salvamento Parcial de Voto del Magistrado Jorge Ignacio Pretelt Chaljub al Auto 188 de 2014, Ref. Expediente T-2.089.121 AC
CLA- 69 Rights of Nationals of the United States of America in Morocco (France v. United States of America) (‘Morocco’), (1952), 1952 I.C.J. Rep. 176.
CLA- 70 RosInvest Co. UK Ltd. v. The Russian Federation, SCC Case No. V079/2005, Award on Jurisdiction, (Oct. 1, 2007).
CLA- 71 RosInvest Co UK Ltd. v. Russian Federation, SCC Arbitration No. V(079/2005), Final Award, (Sept. 12, 2010).
CLA- 72 Rumeli Telekom A.S. v. Republic of Kaz., ICSID Case No. ARB/05/16, Award, (July 29, 2008).
CLA- 73 Saipem S.p.A v. People's Republic of Bangladesh, ICSID Case No. ARB/05/7, Award, (June 30, 2009).
CLA- 74 Saipem S.p.A. v. People's Republic of Bangladesh, ICSID Case No. ARB/05/7, Decision on Jurisdiction and Recommendation on Provisional Measures, (March 21, 2007).
CLA- 75 Salini Costruttori Spa v Jordan, ICSID Case No ARB/02/13, Decision on Jurisdiction, (Nov. 9, 2004).
CLA- 76 Salvamento Parcial de Voto del Magistrado José Ignacio Pretlet Chaljub, al Auto 188/14.

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CLA- 77 Sentencia C-252 de 1994, Corte Constitucional
CLA- 78 Sentencia C-774/01 de la Sala Plena de la Corte Constitucional, 25 de julio de 2001
CLA- 79 Sentencia del Tribunal (España) Supremo, 30 de mayo de 2008
CLA- 79A Sentencia T-903/14 de la Corte Constitucional de 26 de noviembre de 2014.
CLA- 80 SGS Société Générale de Surveillance S.A. v. The Republic of Paraguay, ICSID Case No. ARB/07/29, Decision on Jurisdiction, (Feb. 12, 2010).
CLA- 81 Siemens A.G. v. The Argentine Republic, ICSID Case No. ARB/02/8, Decision on Jurisdiction, (Aug. 3, 2004).
CLA- 82 Sistem Muhendislik v. Kyrgyz Republic, ICSID Case No. ARB(AF)/06/1, Award, (Sept. 9, 2009).
CLA- 83 Société Générale v. Dominican Republic, LCIA Case No. UN7927, Award on Preliminary Objections to Jurisdiction, (Sept. 19, 2008).
CLA- 84 Spence International Investments, LLC, Berkowitz, et al. v. Republic of Costa Rica, ICSID Case No. UNCT/13/2, Interim Award, (Oct. 25, 2016).
CLA- 85 Sr. Tza Yap Shum v. The Republic of Peru, ICSID Case No. ARB/07/6, Decision on Jurisdiction, (June 19, 2009).
CLA- 86 Suez, Sociedad General de Aguas de Barcelona SA, and Inter Aguas Servicios Integrales del Agua SA v. Argentina, ICSID Case No. ARB/03/17, Decision on Jurisdiction, (May, 16, 2006).
CLA- 87 Swisslion DOO Skopje v. Republic of Macedonia (former Yugoslav Republic of Macedonia), ICSID Case No. ARB/09/16, Award, (July 6, 2012).
CLA- 88 Telenor Mobile Communications AS v. Hungary, ICSID Case No. ARB/04/15, Award, (Sept. 13, 2006).
CLA- 89 The Rompetrol Group N.V. v. Romania, ICSID Case No. ARB/06/3, Decision on Respondent's Preliminary Objections on Jurisdiction and Admissibility, (April 18, 2008).

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CLA- 90 Tidewater Investment SRL and Tidewater Caribe C.A. v. The Bolivarian Republic of Venezuela, ICSID Case No. ARB/10/5, Award, (March 13, 2015).
CLA- 91 Tribunal de Cundinamarca, Decisión No. 200000521
CLA- 92 UPS v. Canada, ICSID Case No. UNCT/02/1, Decision on Jurisdiction, (Nov. 22 2002).
CLA- 93 Vladimir Berschader, et al. v. The Russian Federation, SCC Case No. 080-2004, Award, (Apr. 21, 2006).
CLA- 94 Waste Management, Inc. v. United Mexican States, ICSID Case No. ARB(AF)/ 00/3 (“Number 2”), Award, (Apr. 30, 2004).
CLA- 95 Wintershall Aktiengesellschaft v. Argentine Republic, ICSID Case No. ARB/04/14, Award, (Dec. 8, 2008).
CLA- 96 Yukos Universal Ltd.(Isle of Man) v. Russian Federation, PCA Case No. AA 227, Award, (Perm. Ct. Arb. July 18, 2014).

Treaties and Legislation

CLA- 97 Acuerdo entre la Republica de Colombia y la Republica de Chile, (Jan. 25, 2000).
CLA- 98 Acuerdo para la Promoción y Protección Recíproca de Inversiones entre la República de Colombia y el Reino de España, (June 9, 1995).
CLA- 99 Agreement Between The Government of The Republic of Mauritius and The Government of The Arab Republic of Egypt on the Reciprocal Promotion and Protection of Investments (the “Mauritius-Egypt BIT”, 2014).
CLA- 100 Agreement on the reciprocal promotion and protection of investments (Spain and Argentina), (Oct. 3, 1991), United Nations, Treaty Series, Vol. 1699, No. 29403, p. 187 at art. IV.
CLA- 101 Agreement Between the Republic of Colombia and the Swiss Confederation on the Promotion and Reciprocal Protection of Investments, (May 17, 2006), entered into force 6 October 2009.

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CLA- 102 Agreement Between the Government of the United Kingdom of Great Britain and Northern Ireland and the Government of the Republic of Indonesia, (Apr. 27, 1976), entered into force 24 March 1977 (‘UK-Indonesia BIT’).
CLA- 103 Amity, Navigation and Commerce Treaty (the Jay's Treaty) between the United States and Great Britain, (Nov. 19, 1794), entered into force 29 February 1796.
CLA- 104 Bilateral Agreement for the Promotion and Protection of Investments between the Government of the United Kingdom of Great Britain and Northern Ireland and Republic of Colombia, (Mar. 17, 2010), entered into force 10 October 2014.
CLA- 105 Código de Comercio de Colombia, Decreto 410 de 1971, Art. 1203.
CLA- 106 Constitución Política de Colombia
CLA- 107 Decreto 01 de 1984, Código Contencioso Administrativo / Contentious Administrative Code (CAC)
CLA- 108 Decreto 2591/91
CLA- 109 Free Trade Agreement between the United States and Colombia, (Nov. 22, 2006), entered into force 15 May 2012.
CLA- 110 General Agreement on Tariffs and Trade (“GATT”), (Oct. 30, 1947).
CLA- 111 General Convention of Peace, Amity, Navigation, and Commerce, between the United States of America and the Republic of Colombia, (Oct. 3, 1824).
CLA- 112 Ley 43 de 1993 (febrero 1 de 1993) por medio de la cual se establecen las normas relativas a la adquisición, renuncia, pérdida y recuperación de la nacionalidad colombiana; se desarrolla el numeral 7 del artículo 40 de la Constitución Política y se dictan otras disposiciones.
CLA- 113 North American Free Trade Agreement (NAFTA) entry into force on 01/01/1994
CLA- 114 Organization of Islamic Conference Investment Agreement - Agreement on Promotion, Protection and Guarantee of Investments amongst the Member States of the Organization of the Islamic

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Conference, (June 5, 1981), entered into force on September 23, 1986.
CLA- 115 Resolución Externa No. 25 (Oct. 31, 1995)
CLA- 116 Statute of the International Court of Justice.
CLA- 117 The 1996 United Kingdom Arbitration Act, (June 17, 1996),
CLA- 118 The Energy Charter Treaty (Annex 1 to the Final Act of the European Energy Charter Conference),(Dec. 17, 1994), 2080 United Nations Treaty Series 2080, p. 95 at art. 10 (7).
CLA- 119 Treaty Between The Republic of Belarus and The Republic of India on Investments (the “Belarus-India BIT”, 2018).
CLA- 120 Treaty between the United States of America and the Republic of Ecuador concerning the Encouragement and Reciprocal Protection of Investment, (Aug. 27, 1993), entered into force May 11, 1997.
CLA- 121 Treaty between United States of America and the Argentine Republic Concerning the Reciprocal Encouragement and Protection of Investment, (Nov. 14, 1991), entered into force October 20, 1994.
CLA- 122 Treaty of Amity and Commerce between the United States and France, (Feb. 6, 1778).
CLA- 123 Treaty of Friendship, Commerce and Navigation, with Protocol, between Ireland and the United States of America, (Jan. 21, 1950), entered into force 14 September 1950.
CLA- 124 United Nations, Vienna Convention on the Law of Treaties, (May 23, 1969), entered into force 27 January 1980, United Nations, Treaty Series, Vol. 1155, 331.

Secondary Authorities

CLA- 125 Acquisition of Israeli Nationality, Isr. Ministry Foreign Aff. (Is.) (April 13, 2019).
CLA- 126 Andrew Newcombe and Lluis Paradell, ‘Law and Practice of Investment Treaties – Standard of Treatment', (Wolters Kluwer 2009)

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CLA- 127 August Reinisch, ‘Most Favoured Nation Treatment', in Burgenberg / Griebel / Hobe / Reinisch, International Investment Law – A Handbook (C H Beck – Hart – Nomos 2015).
CLA- 128 C. Schreuer et al., The ICSID Convention—A Commentary, (Cambridge University Press, 2nd ed.)
CLA- 129 Camilo Gomes, Las billonarias demandas contra el Estado, Revista Dinero, (Feb. 6, 2019).
CLA- 130 Campbell McLachlan, Laurence Shore and Matthew Weiniger, 'International Investment Arbitration: Substantive Principles', (Second edition, Oxford University Press 2017).
CLA- 131 Citizenship, Dep't Foreign Aff. & Trade, (lr.) (April 11, 2019).
CLA- 132 Claims of Dual Nationals in the Modern Era: The Iran-United States Claims Tribunal, Note 83 MICH. L. REV. 597 (1984).
CLA- 133 Eduardo Pizano, Las Crisis y sus lecciones, Semana (Jun. 21, 2009).
CLA- 134 El Tiempo, No Pagar por Ahora $230.000 Millones a Granahorrar, Decidió el Gobierno Nacional (January 28 2008)
CLA- 135 Emmanuel Gaillard, Establishing Jurisdiction Through a Most-Favored-Nation Clause, (2005) 233 New York Law Journal 2.
CLA- 136 Georg Schwarzenberger, International Law: As Applied by International Courts and Tribunals. International Law as Applied by International Courts and Tribunals. Vol. 1 (Stevens 1957), 243.
CLA- 137 Giuseppe Cavarretta: La clausola della Nazione più Favorita, (A Reber 1906)
CLA- 138 Gustavo Moreno Montalvo, ¿Ganan Mucho Los Bancos? (El País August 31, 2013)
CLA- 139 ILC, 'Fragmentation of International Law: Difficulties arising from the Diversification and Expansion of International Law: Report of the Study Group of the International Law Commission'(Koskenniemi, Chair) UN Doc A/CN.4/L.702.
CLA- 140 ILC, 'Study Group on the Most-Favoured Nation clause: Final Report' (McRae, Chair) (29 May 2015) UN Doc A/CN.4/L.852 (2015 ILC

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Report).
CLA- 141 ILC, 'The Most Favoured Nation Clause: Draft Articles with Commentary' (Ushakov, Special Rapporteur) [1978] 2(2) YB ILC 8-73 ('1978 ILC Draft Articles' and '1978 ILC Commentary')
CLA- 142 Italian Dual Citizenship Requirements, It. Dual Citizenship (It.) (April 13, 2019).
CLA- 143 James Butty, US, Liberians Lauch Dual Citizenship Petition Drive, VOICE AM. NEWS (Jan. 5, 2011).
CLA- 144 Juan Camilo Restrepo and Antonio José Nuñez, Diálogos Sobre las Crisis Financieras (2009), pp 295-305.
CLA- 145 Jürgen Kurtz, ‘The Delicate Extension of Most-Favoured Nation Treatment to Foreign Investors: Maffezini v Kingdom of Spain', in Todd Weiler, International Investment Law and Arbitration (Cameron May 2005)
CLA- 146 Kenneth J Vandevelde, The Bilateral Investment Treaty Program of the United States, (1988), 21 Cornell Int'l L.J. 201.
CLA- 147 Kenneth J Vandevelde, The First Bilateral Investment Treaties: U.S. Postwar Friendship, Commerce and Navigation Treaties (Oxford University Press 2017)
CLA- 148 Loukas Mistelis, Reality Test: Current State of Affairs in Theory and Practice Relating to "Lex Arbitri". (2008), American Review of International Arbitration, 155-181
CLA- 149 Martins Paparinskis, MFN Clauses and International Dispute Settlement: Moving beyond Maffezini and Plama? (2011) 26 ICSID Review—FILJ 14
CLA- 150 Mauricio Cabrera Galvis, El gran negocio de Granahorar, Portafolio (Nov. 29, 2007).
CLA- 151 Meinhard Hilf and Robin Geiß ‘Most-Favoured-Nation Clause' (2009) Max Planck Encyclopedia of Public International Law 15
CLA- 152 Minutes of the Board of FOGAFIN, Minutes No. 217 to No. 226, and No. 232, (1998).
CLA- 153 Portafolio, Las enseñanzas del caso Granahorrar, (Feb. 14, 2008).

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CLA- 154 Rudolf Dolzer and Christoph Schreuer, Principles of International Investment Law, (Oxford University Press 2012)
CLA- 155 Semana, El pulso que perderán accionistas de Granahorrar (May 3, 2014)
CLA- 156 Stanley Hornbeck, ‘The Most-Favored-Nation Clause' (1909) 3 AM. J. INT'L L. 620 (1909) (in three parts)
CLA- 157 Stephan Schill, 'Allocating Adjudicatory Authority: Most-Favoured-Nation Clauses as a Basis of Jurisdiction—A Reply to Zachary Douglas' (2011) 2 JIDS 353.
CLA- 158 Todd Weiler, The Interpretation of International Investment Law. Equality, Discrimination and Minimum Standards of Treatment in Historical Context, (Martinus Nijhoff, 2013).
CLA- 159 Trung Nguyen, Most Favoured Nation Clause in Investment Treaties (Apr. 10, 2015).
CLA- 160 UNCTAD, Most-Favoured Nation Treatment, Sales No. 10.II.D.19, 12.
CLA- 161 Zachary Douglas, ‘The MFN Clause in Investment Arbitration: Treaty Interpretation off the Rails', (2011) 2 JIDS 97.