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Compatibility Between US-BIT Norms and the Need for Local Remedies Through Relevant Egyptian Investment Laws

Compatibility Between US-BIT Norms and the Need for Local Remedies Through Relevant Egyptian... This article investigates the legal mechanism designed for promoting private investment in Egypt through signing Bilateral Investment Treaties (BITs) including adoption of the United States of America's BIT Norms Model (US BIT Norms). It also explores their compatibility with the relevant Egyptian investment laws and investigates whether these norms had any significance in the creation of an investment environment in Egypt. The article cites examples from Egyptian investment laws to see whether these norms gave birth to any conflicts. The presence of Egypt has increased before the international tribunals. This article examines the post-adoption relevant investor-Egypt disputes in order to find out whether the allegations in these disputes hint at the abuse or failure of these BIT norms and whether these cases are a potential threat to the local remedies and the domestic legal and economic system of the country. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png African Journal of International and Comparative Law Edinburgh University Press

Compatibility Between US-BIT Norms and the Need for Local Remedies Through Relevant Egyptian Investment Laws

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Publisher
Edinburgh University Press
Copyright
Copyright © Edinburgh University Press
ISSN
0954-8890
eISSN
1755-1609
DOI
10.3366/ajicl.2018.0241
Publisher site
See Article on Publisher Site

Abstract

This article investigates the legal mechanism designed for promoting private investment in Egypt through signing Bilateral Investment Treaties (BITs) including adoption of the United States of America's BIT Norms Model (US BIT Norms). It also explores their compatibility with the relevant Egyptian investment laws and investigates whether these norms had any significance in the creation of an investment environment in Egypt. The article cites examples from Egyptian investment laws to see whether these norms gave birth to any conflicts. The presence of Egypt has increased before the international tribunals. This article examines the post-adoption relevant investor-Egypt disputes in order to find out whether the allegations in these disputes hint at the abuse or failure of these BIT norms and whether these cases are a potential threat to the local remedies and the domestic legal and economic system of the country.

Journal

African Journal of International and Comparative LawEdinburgh University Press

Published: Aug 1, 2018

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