This chapter, and the next, introduce Part IV of this work by considering the major issues arising in MNE/host state relations that are regulated primarily by international law. These centre on the control of investment risks arising under international investment contracts. Originally, such matters concerned the revision or termination of an international investment contract entered into between the host state and a foreign investor,1 and the expropriation of assets belonging to the foreign investor. Legal conflict in these situations was most pronounced in the...
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