Jump to ContentJump to Main Navigation
The First Bilateral Investment TreatiesU.S. Postwar Friendship, Commerce, and Navigation Treaties$
Users without a subscription are not able to see the full content.

Kenneth J. Vandevelde

Print publication date: 2017

Print ISBN-13: 9780190679576

Published to Oxford Scholarship Online: April 2017

DOI: 10.1093/acprof:oso/9780190679576.001.0001

Show Summary Details
Page of

PRINTED FROM OXFORD SCHOLARSHIP ONLINE (www.oxfordscholarship.com). (c) Copyright Oxford University Press, 2019. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in OSO for personal use. date: 17 October 2019

Launching the U.S. Postwar FCN Treaty Program

Launching the U.S. Postwar FCN Treaty Program

Chapter:
(p.57) 2 Launching the U.S. Postwar FCN Treaty Program
Source:
The First Bilateral Investment Treaties
Author(s):

Kenneth J. Vandevelde

Publisher:
Oxford University Press
DOI:10.1093/acprof:oso/9780190679576.003.0003

At the end of World War II, the State Department revitalized its program of friendship, commerce, and navigation (FCN) treaties, which dated back to 1776. This entailed preparing, in consultation with the business community, a new standard draft treaty, the most important innovation of which was the extension of protection to companies. The first treaty concluded after the war was with China. This treaty was opposed by much of the business community, which believed that the State Department had failed to use its bargaining power to obtain sufficiently favorable provisions, especially national treatment with respect to engaging in business activities. The second treaty, with Italy, included such a right and was received favorably by the business community. A proposed treaty with the Soviet Union was abandoned after George F. Kennan argued that the Soviet Union lacked a sufficient commitment to the rule of law for the treaty to be effective.

Keywords:   standard draft treaty, protection of corporations, national treatment, China, Italy, Soviet Union, rule of law

Oxford Scholarship Online requires a subscription or purchase to access the full text of books within the service. Public users can however freely search the site and view the abstracts and keywords for each book and chapter.

Please, subscribe or login to access full text content.

If you think you should have access to this title, please contact your librarian.

To troubleshoot, please check our FAQs , and if you can't find the answer there, please contact us .