Jump to Content Jump to Main Navigation

Part V The International Law of Foreign Investment, XXXIII Concessions and Investment: Agreements between States and Foreign Companies

From: Principles of International Economic Law (1st Edition)

Matthias Herdegen

A newer edition of Principles of International Economic Law is available. Latest edition (2 ed.)
Next Edition: 2nd Edition Latest edition (2 ed.)

From: Oxford Public International Law (http://opil.ouplaw.com). (c) Oxford University Press, 2015. All Rights Reserved.date: 27 November 2020

Subject(s):
Foreign Direct Investment — Investor — Concession agreements — Relationship of international law & host state law — Customary international law
Companies investing abroad will strive for the best conditions for the operation and protection of their invested capital by and in the host State. The rules of customary international law on the protection of foreign property1 are rather rudimentary in character and to some extent suffer from imprecision. Contractual arrangements have to cope with a structural problem flowing from the imbalance between a sovereign State and a foreign private enterprise: legal instability vis-à-vis all the regulatory powers of the host State. Regulations of the host State in...
Users without a subscription are not able to see the full content. Please, subscribe or login to access all content.