[T]he concept of the permanent sovereignty over natural resources … has ‘settled down’. It now stands for norms that command a significant common consensus, which I would summarize thus: states have a very special position in regard to their own resources.Rosalyn Higgins1 2.01 In making energy investments, a key objective for foreign investors and host states is to enter into a relationship that appears to the parties as both durable and mutually beneficial. The challenge they face is not so much that this relationship is forward-looking, a common feature indeed,...
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