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Legal Protection of Foreign Investment (FI) in Zanzibar: Lesson for China Investments

机译：桑给巴尔外商投资法律保护：中国投资的课程

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摘要

Most countries around the world, including Tanzania (Zanzibar as a part) sought to establish the proper legal framework in attracting and protecting foreign investments. The enactment of Local Investment Legislations and signing of Bilateral Investment Treaties (BITs) are among the primary tools for achieving the aforementioned goal. The participation of a state into international investment treaties, as well as the ratification of conventions into domestic legislation, makes the protection measures part of their legal structure. Their significance stems from the fact that they contribute to access to justice for foreign investors, hence creating a favorable environment for foreign investments. This article’s objective is to examine the legal framework related to the protection of foreign investments in Zanzibar. In doing so, the article examines the laws responsible for the protection and whether those laws are strong enough for such protection, challenges foreign investors may face and the opportunities for foreign investors especially the Chinese. The study has however established that, the laws are inadequately strong, and therefore the protection is somehow ineffectual. As a result, there is a need for legislative amendments and updates for an effectively protection of foreign investments and their reassurance in the event of any apprehension especially currently where Tanzania has begun the process of regulating its foreign investment regime by passing laws that exclude international arbitration.
机译：世界各地的大多数国家，包括坦桑尼亚（桑给巴尔作为一部分）试图建立适当的法律框架，吸引和保护外国投资。颁布当地投资立法和双边投资条约（BITS）的签署是实现上述目标的主要工具之一。州进入国际投资条约的参与，以及批准向国内立法，使保护措施是其法律结构的一部分。他们的意义源于他们有助于访问外国投资者的正义，因此为外国投资带来有利的环境。本文的目标是审查与桑给巴尔外商投资保护相关的法律框架。在此过程中，文章审查了负责保护的法律以及这些法律是否足够强大，以这种保护，外国投资者可能面临的挑战以及外国投资者特别是中国人的机会。然而，该研究确定了，法律不充分，因此保护是不知何时无效的。因此，需要有效地保护外国投资的立法修正和更新，而在任何逮捕情况下，坦桑尼亚在坦桑尼亚通过通过排除国际仲裁的法律开始规范外国投资制度的过程。

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