The Protection of National Security in IIAs
Article from: TDM 1 (2010), in Investor-State Disputes - International Investment Law
Introduction
Many countries have started to re-evaluate investment liberalization policies, and some have introduced adjustments, thereby exercising their right to regulate foreign investment to pursue domestic policy objectives. One of the main areas where a more restrictive approach towards foreign investment has become manifest relates to national security, and to the protection of strategic industries and critical infrastructure. Cases have become more frequent in recent years where foreign investors have been rejected for national security reasons or subjected to other restrictive ...