Compliance with the legal treatment standards of international investments during the global economic crises. Between yes and no
Compliance with the legal treatment standards of international investments during the global economic crises. Between yes and no

Author(s): Cristina Elena Popa Tache
Subject(s): Law, Constitution, Jurisprudence, International Law, Law on Economics, EU-Legislation
Published by: Societatea de Stiinte Juridice si Administrative
Keywords: crises; European Union; foreign investment; protection standards;
Summary/Abstract: International investment are under the protection of international law by setting standards of legal treatment which the governments of the host states have undertaken to comply with in their investment treaties. Therefore, these standards of protection must be respected even in times of crisis, regardless of the reason that generated it, the policy of attracting and maintaining an investment climate favorable to international investment being an attribute of each state. Nothing can stop an investor from changing the geography of his business, in order to protect the investment made. The issue of violation of one or more standards by states is one of the most debated at the moment, because the international arbitration practice has decisions to oblige states to significant compensation. In my study I used as a research method interdependent analysis and synthesis through analogies developed in a comparative method. At EU2 level, following the entry into force of the Treaty of Lisbon, FDI3 is now within the exclusive competence of the EU, which continues to fight to define a European investment policy that meets the expectations of investors and beneficiary states, as well as the objectives foreign policy and the EU's broader economic interests.

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