Strategic Studies of Jurisprudence and Law

Strategic Studies of Jurisprudence and Law

Substantive Rules of Foreign Investment Arbitrations in the European Union and the Treaty of Lisbon

Document Type : research

Authors
mohammad amir fattahi bafghi 1
mohsen mohebbi 2
mohammad bahmani 3
ali zare 4
1 PhD student, Department of Private Law, Tehran Science and Research Unit, Islamic Azad University, Tehran, Iran.
2 Assistant Professor of Public and International Law, Tehran Science and Research Unit, Azad University, Tehran, Iran.
3 Assistant Professor, Department of Private Law, Tehran Science and Research Unit, Azad University, Tehran, Iran.
4 Assistant Professor of Private Law, Tehran Science and Research Branch, Islamic Azad University, Tehran, Iran.
10.22034/ejs.2025.489310.1978
Abstract
Background and Aim: Nowadays, attracting foreign investors is an inevitable necessity and choosing arbitration as the most common and most appropriate method to resolve investment disputes is one of the most important components for the development of international investment. The European Union, as one of the most successful experiences in the convergence of international relations, has provided several developments in the relations between its members, one of which is the Treaty of Lisbon.
Materials and Methods: This article is done in a descriptive-analytical way, using library resources and with a phishing tool.
Ethical Considerations: In this article, the authenticity of the texts, honesty and trustworthiness have been observed.
Findings: According to the Treaty of Lisbon, EU member states are required to match the obligations arising from the mutual support and encouragement agreements of the investor with the requirements of that treaty, but the arbitration authorities implement the provisions of the investment agreement.
Conclusion: It is debatable whether the arbitral tribunals should finally apply the EU law or the obligations based on international law are preferable, but what becomes important in dealing with disputes is the will of the parties to implement the arbitration awards.
Keywords
substantive rules
commercial arbitration
foreign investment
Lisbon Treaty
Subjects
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Strategic Studies of Jurisprudence and Law
Volume 3, Issue 2 - Serial Number 9
Studies of economic jurisprudence
Spring 2021
Pages 201-218