Justice BREYER delivered the opinion of the Court.
Article 8 of an investment treaty between the United Kingdom and Argentina contains a dispute-resolution provision, applicable to disputes between one of those nations and an investor from the other. See Agreement for the Promotion and Protection of Investments, Art. 8(2), Dec. 11, 1990, 1765 U.N.T.S. 38 (hereinafter Treaty). The provision authorizes either party to submit a dispute "to the decision of the competent...
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