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Investors Legitimate Expectations and the Interests of the Host State in Foreign Investment

机译:投资者对外国投资的正当期望和东道国的利益

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Protection of investor?s legitimate expectations is one of the commitments that international investment law impose on host states. Though this commitment is not stated directly in treaty texts, but arbitration case law has distinguished it as an inseparable element of a fair and equitable treatment standard. The idea of legitimate expectations is trying to support the stability and predictability of the legitimate space of the host country. However, legitimate expectation is not an abstract concept and each hypothesis is meaningful in special situations. For a fair and equitable treatment, it is necessary that the legitimate expectations of the investor be Proportionate against general interests of the host state, legislation rights of the state and so on.
机译:保护投资者的合法期望是国际投资法对东道国的承诺之一。尽管这一承诺并未在条约文本中直接说明,但仲裁判例法已将其区别为公平和公正的待遇标准的不可分割的要素。合理期望的想法试图支持东道国合法空间的稳定和可预测性。但是,合理的期望不是一个抽象的概念,每个假设在特殊情况下都是有意义的。为了获得公平公正的待遇,有必要使投资者的合理期望与东道国的普遍利益,国家的立法权利等相称。

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