The Fears and Dominance of Foreign Investors and Host States in The Light of International Law

Abstract

Foreign investments are important for the development of the host country. It gives employment, roads, buildings and other infrastructure thereby the living standards and the per capita income of the people will grow. Foreign investors will invest in other countries to get more returns. However, they feel that international agreements and bilateral agreements between them are not giving to the maximum extent to what they are expecting. This examines the reasons for their fears and dominance of each other with regard to foreign investments. The article has found that the laws which were made and applicable are inadequate, ineffective and multiplicity of judicial tribunals are leading to the delivery of conflicting judgments. This article advocates that a universal law has to be made and world investment court has to be established to address the challenges of both foreign investors and host countries.