This chapter deals with investment contracts and their protection through internationalisation. Internationalisation refers to the conversion of contractual obligations to international obligations, so that every breach of an investment contract amounts to a violation of international law. Section 1 excerpts the main arbitral awards on investment contract internationalisation, while Section 2 outlines the main objections to investment contract internationalisation. Section 3 addresses a subsidiary concern – different types of investment contracts and their respective characteristics.
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