Balance between the interests of ‎the investor and the host state in the field of energy under the ‎investment dispute settlement system.‎

Document Type : Original Article

Authors

1 Assistant Professor of Law, Islamshahr Branch, Islamic ‎Azad University, , Iran. ‎

2 PhD student in Public Law at Tehran University.(mh.masoomi@ut.ac.ir)

Abstract

ABSTRACT

‏‌‏The investor-sate dispute settlement (ISDS) particularly ‎‏ ‏in the energy sector is an ‎appropriate ‎mechanism which could result in reaching a balance to ‎protect standards associated with foreign ‎investors and the sovereign rights of host states as well.This article emphasizes the ways through ‎which the ‎investment treaty system and ISDS are being developed to achieve ‎an appropriate ‎balance between private rights and public ‎interests, particularly in regards to the recent ‎improvements in ‎sustainable development, climate change accountability, and ‎promotion of ‎human rights protection.‎‏ ‏Finally, this articles studied how the arbitration method including ISDS, ‎has contributed ‎‏ ‏to the public interest and the growth of the rule of law ‎around the world equally ‎‎.While a range of improvements to the‏ ‏investment treaty system has been made, the system as a ‎whole and ISDS are vital components of the energy industry, integral to our future energy ‎security and key contributors to global stability through their promotion of the rule of law.‎

Keywords

Main Subjects


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