Settlement of foreign investment Disputes under the provisions of public international law

Abstract

The foreign investment is considered one of the most important aspects of the economic and commercial activity regarding the developing countries because of its multiple and varied positive returns on life levels. Therefore, this will motivate these countries to resort to it, and because of its remarkable دور بار ز and influential role also that may play at different levels in general and in particular at the level of economic and social development, especially if properly employed and applied to achieve a balance among the investors ign investments to them, because these investments are of positive social and economic effects for the host country of foreign investment, some elements of this investment are working to build an advanced economy for the host State. In addition to that, the foreign investment also works on to find the modern cognitive, scientific, technical and economic factors وذلك ٕ ع ـــن طريق ﻤـــﺎ ﻴ ُ ﻘدﻤـــﻪ اﻟﻤﺴـــﺘﺜﻤر الأجنبي ﻤـــن مثل رأ س المال و الخبرات الفنية والعلمية for this state through what by the foreign investor may produce such as capital, technical and scientific expertise. Consequently, المتطورة ، اﻷﻤر اﻟذ ي ﻤن ﺸﺄﻨﻪ أن ﻴﻬﻴﺊ للدولة المضيفة للأستثمار that may make it easier for the host state to gain through what the foreign investor provideالظروف الملائمة ﻟﻼﻨﻔﺘـﺎح الكبير ﻋﻠـﻰ اﻷﺴـواق المحلية وكذلك العالمية the appropriate conditions for the big opening up towards its local markets as well as global, و من ثم and then إيجاد المزيد من ﻓـرص العمل ﻟﻤواطﻨﻴﻬـﺎ، وﺒﺎﻟﺘـﺎ لي ﺘﺤﺴـﻴن اﻟوﻀـﻊ ا ﻻﻗﺘﺼ ـــــ ﺎ د ي وا ﻻﺠﺘﻤ ـــــ ﺎ عي create more job opportunities for its citizens. Consequently, it improves its economic and social situation as well as it increasing its exportations.ﻛﻤـــــﺎ يعمل اﻻﺴـــــﺘﺜﻤﺎر الأجنبي على تحقيق Foreign investment also works to gainمردودات وﻤ زاياeconomic returns for its own country through building solid economic, commercial and political relations.. وﺤﺘــﻰ ﻴــﺄ تي اﻻﺴــﺘﺜﻤﺎر ﺒﺜﻤــﺎرﻩ يتوجب على الدولة المُضيفة أن توفر ﺒﻴﺌــﺔ اﺴــﺘﺜﻤﺎرﻴﺔ آمنة ملائمة بالإضافة الى توفير وتأمين المستلزمات الضروري ة الأخرى . Therefore, in order to gain the returns of this investment must pay off; the host country should provide a secure adequate investment environment as well as it must insure the provisions and other necessary supplies. وفي In اﻟواﻗــﻊ reality, ﻤن that may be throughout the provision of standard legal واﻗﺘﺼـﺎدﻴﺔ ﻛﻔﻴﻠـﺔ ﺼﺤﻴﺔ ﺘﺸﺠﻊ ﻋﻠﻰ اﻻﺴﺘﺜﻤﺎر الأجنبي وذلك ﺒﺘـــــوﻓﻴر الوسائل اﻻﻗﺘﺼـــــﺎد ية واﻟﻘـــــﺎﻨوﻨ ية التي من شأنها أن ت خلق بيئة آمنة ﻟﻠﻤﺴـــــﺘﺜﻤر الأجنبي . and economic guarantees enough to encourage foreign investment by providing the means of law and economics that may will create a safe environment for foreign investors. ونظراَ ﻟﻤﺎ ﺘﺘﻤ يز ﺒﻪ ﻋﻘـود اﻻﺴـﺘﺜﻤﺎر However, and because of the important characteristics of foreign investment contracts which contain matters relating to the higher interests of the host country, some of these contracts may affect state sovereignty, especially huge long term foreign investments contracts  such as those related to the  strategic economic interests of host state, as the fact that the dominant feature of these contracts التعقيد و بعض ال شيء من الغموض وذلك ﺒﺴــﺒب كونها متعددة الأطراف وبالتالي تعدد المصالح والغايات المتباينة لأطرافها ، الأمر الذي قد ينشب بسببه العديد من المنازعات التي تتطلب تدخلاَ قانونياَ لحلها ووضع الحلول التي ترضي جميع أطراف عقد الأستثمار ، لذا كان لزاماَ على المجتم ع الدولي أن يتدخل ويضع القواعد القانونية الدولية مجسدةَ بقواعد القانون الدولي العام التي أوجدت المؤسسات القضائية التي لها ولاية النظر في تسوية المنازعات التي قد تنهض من تنفيذ عقود الاستثمار الأجنبي من مثل محكمة العدل الدولية ومحاكم التحكيم التي أخذت على عاتقها البت في مثل هذÙ complexity and some ambiguity because of its multilateralism, thus the multiplicity of different interests and ends of its parties, which may result in many disputes that require legal intervention to resolve and develop solutions that satisfy all parties to the investment contract. Therefore, it was necessary for the international community to intervene and establishes international legal norms embodied by the rules of public international law that created the judicial institutions which have a mandate to consider the settlement of disputes that may promote the implementation of foreign investment contracts such as the International Court of Justice and the Courts of Arbitration which took it upon themselves to decide on such as this ‡ القضايا، لذا من خلال هذه الورقة البحثية سنتعرض الى بيان دور القضاء الدولي في تسوية المنازعات التي تنشب عن تنفيذ عقود الأستثمار الأجنبي ودور المؤسسات القضائية الدولية في البت فيها وإيجاد الحلول التي ترضي جميع أطراف عقد الأستثمار. Disputes. Finally, through this research paper we are going to indicate the role of international justice in the settlement of disputes that arise from the implementation of foreign investment contracts and the role of international judicial institutions in deciding where and to find solutions that satisfy all parties to a contract of investment.