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AuthorUnited Nations Conference on Trade and Development
TitleFair and Equitable Treatment
Imprint New York ; Geneva : United Nations, 1999
Descript viii, 76 p. : table

SUMMARY

In recent years, the concept of fair and equitable treatment has assumed prominence in investment relations between States. While the earliest proposals that made reference to this standard of treatment for investment are contained in various multilateral efforts in the period immediately following World War II, the bulk of the State practice incorporating the standard is to be found in bilateral investment treaties which have become a central feature in international investment relations. In essence, the fair and equitable standard provides a yardstick by which relations between foreign direct investors and Governments of capital-importing countries may be assessed. It also acts as a signal from capital-importing countries, for it indicates, at the very least, a State's willingness to accommodate foreign capital on terms that take into account the interests of the investor in fairness and equity. [English only.]


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International Institute for Trade and Developement : UNCTAD CollectionUNCTAD/ITE/IIT/11(VOL.III)CHECK SHELVES

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