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The First Bilateral Investment Treaties – U.S. Postwar Friendship, Commerce, and Navigation Treaties - Oxford Scholarship Online
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The First Bilateral Investment Treaties: U.S. Postwar Friendship, Commerce, and Navigation Treaties

Kenneth J. Vandevelde


This book is the first (and only) history of the U.S. postwar Friendship, Commerce and Navigation (FCN) treaty program and focuses on the investment-related provisions of those treaties. The 22 U.S. postwar FCN treaties were the first bilateral investment treaties (BITs) ever concluded, and nearly all of the core provisions in the modern network of more than 3,000 international investment agreements worldwide trace their origin to these FCN treaties. This book explains the original understanding of these provisions, which continue to be the subject of hundreds of international arbitrations and ... More

Keywords: FCN treaties, bilateral investment treaties, BITs, international investment agreements, International Trade Organization, ITO

Bibliographic Information

Print publication date: 2017 Print ISBN-13: 9780190679576
Published to Oxford Scholarship Online: April 2017 DOI:10.1093/acprof:oso/9780190679576.001.0001


Affiliations are at time of print publication.

Kenneth J. Vandevelde, author
Professor of Law, Thomas Jefferson School of Law