An analysis on the criterion "Assistance to the economic development of the host state" for realizing the concept of investment contracts under the ICSID Arbitration Convention

The ICSID Convention in the settlement of investment disputes for several reasons does not provide a definition of investment contracts, which has caused the judicial procedure in many international investment arbitration cases to try to explain the limitations related to the confirmation of investm...

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Main Authors: Mohammad Javad Abdollahi, Mohammad Karimi
Format: Article
Language:fas
Published: Ferdowsi University of Mashhad 2025-02-01
Series:دانشنامه حقوق اقتصادی
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Online Access:https://lawecon.um.ac.ir/article_46528_e70710e79daed6001386c0e9f1eed3bf.pdf
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author Mohammad Javad Abdollahi
Mohammad Karimi
author_facet Mohammad Javad Abdollahi
Mohammad Karimi
author_sort Mohammad Javad Abdollahi
collection DOAJ
description The ICSID Convention in the settlement of investment disputes for several reasons does not provide a definition of investment contracts, which has caused the judicial procedure in many international investment arbitration cases to try to explain the limitations related to the confirmation of investment contracts. In this direction, the criterion "assistance to the economic development of the host government" has been considered as the most controversial criterion among arbitral tribunals. Why this criterion could not be uniformly applied in international arbitration courts and how to prevent its removal in the arbitration procedure is the subject of the analysis presented in this research. The material presented in this research, which was conducted with the method of reading books and survey tools, shows that in facing the With numerous problems related to this standard, it is necessary to pay attention to new investment methods and adopt a flexible approach to fulfill the requirements.
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publisher Ferdowsi University of Mashhad
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series دانشنامه حقوق اقتصادی
spelling doaj-art-bdb3b07eef174343a39f515f9dcf5d8b2025-08-20T03:51:08ZfasFerdowsi University of Mashhadدانشنامه حقوق اقتصادی2322-41772717-333X2025-02-01312614616110.22067/economlaw.2025.91568.141746528An analysis on the criterion "Assistance to the economic development of the host state" for realizing the concept of investment contracts under the ICSID Arbitration ConventionMohammad Javad Abdollahi0Mohammad Karimi1Department of Law, Faculty of Law and Economics, Khomeinishahr Branch, Islamic Azad University, Isfahan. IranDepartment of Law, Najafabad Branch, Islamic Azad University, Isfahan, IranThe ICSID Convention in the settlement of investment disputes for several reasons does not provide a definition of investment contracts, which has caused the judicial procedure in many international investment arbitration cases to try to explain the limitations related to the confirmation of investment contracts. In this direction, the criterion "assistance to the economic development of the host government" has been considered as the most controversial criterion among arbitral tribunals. Why this criterion could not be uniformly applied in international arbitration courts and how to prevent its removal in the arbitration procedure is the subject of the analysis presented in this research. The material presented in this research, which was conducted with the method of reading books and survey tools, shows that in facing the With numerous problems related to this standard, it is necessary to pay attention to new investment methods and adopt a flexible approach to fulfill the requirements.https://lawecon.um.ac.ir/article_46528_e70710e79daed6001386c0e9f1eed3bf.pdfa measure of economic developmentinternational investment arbitrationicsidhost stateinvestor
spellingShingle Mohammad Javad Abdollahi
Mohammad Karimi
An analysis on the criterion "Assistance to the economic development of the host state" for realizing the concept of investment contracts under the ICSID Arbitration Convention
دانشنامه حقوق اقتصادی
a measure of economic development
international investment arbitration
icsid
host state
investor
title An analysis on the criterion "Assistance to the economic development of the host state" for realizing the concept of investment contracts under the ICSID Arbitration Convention
title_full An analysis on the criterion "Assistance to the economic development of the host state" for realizing the concept of investment contracts under the ICSID Arbitration Convention
title_fullStr An analysis on the criterion "Assistance to the economic development of the host state" for realizing the concept of investment contracts under the ICSID Arbitration Convention
title_full_unstemmed An analysis on the criterion "Assistance to the economic development of the host state" for realizing the concept of investment contracts under the ICSID Arbitration Convention
title_short An analysis on the criterion "Assistance to the economic development of the host state" for realizing the concept of investment contracts under the ICSID Arbitration Convention
title_sort analysis on the criterion assistance to the economic development of the host state for realizing the concept of investment contracts under the icsid arbitration convention
topic a measure of economic development
international investment arbitration
icsid
host state
investor
url https://lawecon.um.ac.ir/article_46528_e70710e79daed6001386c0e9f1eed3bf.pdf
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AT mohammadkarimi ananalysisonthecriterionassistancetotheeconomicdevelopmentofthehoststateforrealizingtheconceptofinvestmentcontractsundertheicsidarbitrationconvention
AT mohammadjavadabdollahi analysisonthecriterionassistancetotheeconomicdevelopmentofthehoststateforrealizingtheconceptofinvestmentcontractsundertheicsidarbitrationconvention
AT mohammadkarimi analysisonthecriterionassistancetotheeconomicdevelopmentofthehoststateforrealizingtheconceptofinvestmentcontractsundertheicsidarbitrationconvention