Document Type : Original Article
Authors
1
PhD Student (International Law), Tehran North Branch, Islamic Azad University, Tehran, Iran.
2
Assistant Professor, Faculty of Humanities, North Tehran Branch, Islamic Azad University, Tehran, Iran.
3
Associate Professor, Department of Public Law, Faculty of Islamic Law, Imam Sadiq University (AS); Adjunct Professor of Islamic Azad University Tehran North Branch, Tehran, Iran.
10.48300/jlr.2024.423491.2485
Abstract
The investment relations of Iran and US are limited after the victory of the Islamic Revolution. The Treaty of Amity, Economic Relations, and Consular Rights 1955 -before withdrawal from the Treaty by the United States- and also Algeria's statements are the most important agreement between Iran and US and have played an effective role in identifying the legal order between two countries. According to Algeria's statement, the subject of the major part of the disputes between each of the citizens of the two countries against the other country has been about foreign investment. This article aims to examine the applicabe legal order of foreign investment in Iran-US relations and the standards of foreign investment protection in the light of existed contracts and the decisions of the Iran-United States Claims Tribunal. For this purpose, in the first and second part of this issue, we will discuss the applicabe law of the Iran-United States Claims Tribunal in Hague and the position of Treaty of Amity, Economic Relations, and Consular Rights 1955, and in the third part, the investment protection standards as stated in the judgments and procedures of Iran-Us Claims Tribunal. And finally, the conclusion has been reached that although some standards of investment protection are not mentioned in the opinions of this tribunal, but in some standards, we see the development and progress of foreign investment law. However, there was room for the tribunal to pay more attention to the standards of investment protection law.
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