Limits of the State's Right to Terminate or Amend Foreign Investment Contracts

Document Type : Original Article

Author

Faculty of Law - Mansoura University

Abstract

There is no doubt that the state's use of its exceptional and legislative privileges by amending the legislation governing investment as the tool by which the state expresses its investment policy, but this amendment, cancellation or even prejudice to the content of the agreement increases the concerns of the foreign investor in his dealings with countries. Where the state, as a public law person, can amend or terminate investment contracts. The conditions of stability in investment contracts do not prevent States from exercising their sovereignty, provided that the foreign investor is compensated in the event of prejudice to his financial rights in accordance with the provisions of international law Regardless of prevailing beliefs and ideologies.

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