"Fair and Just" Treatment of the Host State concerning the Foreign Investment Contracts

Author

Abstract

It is necessary for foreign contractors, especially in the case of oil and gas with the huge amount of investments to stay for a rather long time in their host countries, and then they try to achieve clear and decisive warranties to face the unpredictable and improper treatments of the host states. Lately, one of the most effective kind of protection in international law of investment for contractors is the necessity application of some standards by host State and the "Fair and Just" Treatment of the host State is the most important of them.
In this essay while we attempt to study this standard in international law, we will analysis the consequences and results of this general and vague criterion in order to recognize the rights and duties of host States and foreign contractors especially in the case of oil and gas investments in contemporary international law.

Keywords


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