The Standard of Compensation for Taken Foreign Property in Major International Investment Dispute Cases
The Standard of Compensation for Taken Foreign Property in Major International Investment Dispute Cases

Summary/Abstract: During the last few decades, there were several disputes between foreign investors and host countries worldwide about the standard of compensation for taken foreign property. The opinion of international tribunals regarding this issue is not always in accord. There is only consensus that there should be some kind of compensation for taken property. This article examines the issue of standard of compensation related to the taking of foreign property in the case-law of most important international tribunals, including the Iran–United States Claims Tribunal, the ICSID, and the NAFTA tribunals. It tries to find out if there is a common agreement in international law on this issue.

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