How to Protect the Interest of Developing Countries in the Process of Multinational Company Investment

Autor: Xintong Wan
Rok vydání: 2023
Zdroj: Lecture Notes in Education Psychology and Public Media. 3:333-340
ISSN: 2753-7056
2753-7048
DOI: 10.54254/2753-7048/3/2022495
Popis: With the development of the economic globalization, the amount of international investments is growing, and the conflicts between host state and the investors have also increased. Since the twentieth century, multinational company invested in the developing country continuously. However, the terms and contents of International Protection Agreement are not perfect, they are unequal and involve economic exchange between countries. Sometimes, it cannot protect the developing countries very well. This paper analyses three types of the International Protection Agreements and reasons why the existing investment protection agreements cannot achieve specific purposes and ideas for solving status and nature of international investment in multinational companies to give the host state a right to sue the foreign investors. Developing country interests may be hunt by inequality terms in the agreement. The global economic investment may be in a mess when the foreign investors exploit the host state. Meanwhile, a justical concept is necessary, which is protecting the interests of developing country.
Databáze: OpenAIRE