Cookies Policy
X

This site uses cookies. By continuing to browse the site you are agreeing to our use of cookies.

I accept this policy

Find out more here

Iranian Bilateral Investment Treaties: Substantive Principles and Standards

No metrics data to plot.
The attempt to load metrics for this article has failed.
The attempt to plot a graph for these metrics has failed.
The full text of this article is not currently available.

Brill’s MyBook program is exclusively available on BrillOnline Books and Journals. Students and scholars affiliated with an institution that has purchased a Brill E-Book on the BrillOnline platform automatically have access to the MyBook option for the title(s) acquired by the Library. Brill MyBook is a print-on-demand paperback copy which is sold at a favorably uniform low price.

Access this article

+ Tax (if applicable)
Add to Favorites
You must be logged in to use this functionality

There are more than 3000 bilateral investment treaties (BITs) in force. BITs are designed to facilitate foreign direct investment (FDI) and developing countries negotiate them as a strategy to attract FDI. BITs contain common denominators of free admission, fair treatment, non-expropriation and dispute resolution procedure which are the core components of an investment friendly regime. This article makes a proposition that even if a location does not have an ideal FDI legal system in conformity with the Perry-Kessaris Paradigm, it may still be attractive for foreign investment if there are BITs containing the substantive investment protection standards. The author refers to Iran as a case study which has signed more than 50 BITs with capital exporting and neighbouring countries to promote capital flows. Iran is a resource-rich country and its economy depends on foreign exchange revenues from petroleum exports. Therefore to attract FDI flows in the energy sector it should develop a legal framework that is investor friendly. BITs contain the blueprint for reforming FDI legal system to develop an investment friendly regime. This article for the first time provides a comprehensive review of Iranian BITs.

Affiliations: 1: LLB, LLM, PhD (London) Visiting lecturer in law, School of Law, University of Hertfordshire Head of international arbitration practice, Atai & Associates Law Firm, ardeshir.atai@ataiassociates.com

Loading

Full text loading...

/content/journals/10.1163/22119000-01403001
Loading

Data & Media loading...

http://brill.metastore.ingenta.com/content/journals/10.1163/22119000-01403001
Loading

Article metrics loading...

/content/journals/10.1163/22119000-01403001
2013-01-01
2016-12-08

Sign-in

Can't access your account?
  • Tools

  • Add to Favorites
  • Printable version
  • Email this page
  • Subscribe to ToC alert
  • Get permissions
  • Recommend to your library

    You must fill out fields marked with: *

    Librarian details
    Your details
    Why are you recommending this title?
    Select reason:
     
    The Journal of World Investment & Trade — Recommend this title to your library
  • Export citations
  • Key

  • Full access
  • Open Access
  • Partial/No accessInformation