Conception of Foreign Investment under Convention on the Settlement of Investment Disputes between States and Nationals of other States and Lithuanian Law

Abstract

In the pursuit of economic development of Lithuania, capital is needed. To attract it, Lithuania is struggling to enhance the investment climate of countries through international and domestic legal instruments. The aim of this article is to analyze the conception of foreign investment. First of all, we analyze the scope of application investor’s rights and obligations under the Law on Investment of the Republic of Lithuania and also the conception of investment under the Convention on the Settlement of Investment Disputes. The third part of the article highlights the tendencies of recent international disputes on the matter.

DOI: http://dx.doi.org/10.5755/j01.ss.76.2.1954