The role of multilateral agreements in creating a unified system for foreign investment

Abstract

The countries that export and import capital internally, regionally and internationally have tried to search for an international consensus that protects foreign investments to satisfy the exporting and importing countries alike, and this mostly lies in the lack of a unified mechanism for investment, but rather the failure of these systems to regulate and protect this investment.

    This international agreement resulted in the form of multilateral agreements that help attract international investments to the state party, and have a positive impact on the investor and the receiving country for investment, but the difficulty lies in reconciling the conflicting interests of developing countries and multinational companies, and this confirms the existence of a contradiction between the concepts of Investing in comparative jurisprudence, and all this led to the existence of risks that affect the state of economic dependence on developing countries in excluding the major industrial countries from imposing a legal system that establishes their monopoly on the international economic system, including foreign investments.