Arab League Investment Agreement

As a result, the Tunisian government and COMG raised legal objections and challenged the Tunisian Prime Minister`s power of appeal, since it was the State Litigation Office that the government represented in a court dispute, in accordance with Article 3 of Tunisian Law 13/1988. COMMISSION has questioned the status of the investor as a person making a qualified investment within the meaning of the Arab investment agreement. In any event, even if there was a competent jurisdiction, Tanmiah would not have made payments under the underlying contract, so COMG was excused because of the application of the non-adimpleti contractus principle, which is a binding contract law throughout the Arab world. In summary, while the OIC agreement and the Arab Investment Agreement have not always been interpreted in a manner consistent with international investment law, they offer promising opportunities to qualify international investors for recourse against host countries in the Middle East. In the history of international investment law, these instruments have remained relatively moderate, but deserve all the attention by qualifying investors for their future investment efforts. In a second case, as a result of the Arab investment agreement (see Munira Abdelhafedh and Rashed Mustapha/United Arab Emirates, AIC decision, 30 August 2006), the AIC found that it did not have the power to hear the case, as the applicants` expulsion was motivated by the applicants` violation of the drug rules prevailing in the United Arab Emirates. In reviewing the AIC`s decision under the Arab investment agreement, the Tribunal found that the termination of Mr. Mustapha`s service was neither an investment, nor the activity, nor the restaurant, nor the operation of Ms. Abdelhafedh, as they did not involve a transfer of qualified capital contrary to the terms of the Arab investment agreement.

IiA Mapping Project The IIA Mapping Project is a cooperative initiative between UNCTAD and universities around the world to represent the content of II A. The resulting database serves as a tool to understand trends in CEW development, assess the prevalence of different policy approaches, and identify examples of contracts.