The Judiciarys Law Journal

The Judiciarys Law Journal

Interaction of the Full protection and Security Standard (FPS) with the public health exception within the body of the international investment law with emphasis on Covid-19.

Document Type : Research/Original/Regular Article

Authors
Godarz Eftekhar Jahromi 1
Ahmad Heidari 2
1 Professor, Department of Private Law, Faculty of Law, Shahid Beheshti University, Tehran, Iran
2 PhD Student in International Business and Investment Law, Faculty of Law, Shahid Beheshti University, Tehran, Iran
10.22106/jlj.2021.134957.3626
Abstract
Abstract
Balancing the relationship between The Full protection and Security Standard (FPS) and the public health is one of the oldest challenges within the body of the international investment laws; since the protection of public health, without regulating the host countries, leaves room for harm to foreign investment, and the strict protection of foreign investment, can lead to the losing the public and fundamental interests of the host country.Therefore, within the current paper, there is an attempt to examine the legal system that overrules these concerns within the body of the international investment laws.The question which remains is how can host countries maintain their public health whithout breach of the Full Protection and Security Standard, and Creating their international responsibilities.This study shows that, the international investment laws do not take a clear stance when it comes to regulating the relationship between public health, and the implementation of (FPS), and that they are in fact in some cases paradoxical and disorganize .For example, although the fight against Covid-19, as an example of public health through quarantine, restrictions and bans, Recognizes the right of sovereignty of the host country, it may also have an international responsibility for them.
Keywords
Foreign Investment
Full protection and security
Host Country
Public Health
Covid 19

Subjects

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The Judiciarys Law Journal
Volume 85, Issue 116
Autumn 2021
Pages 81-108

  • Receive Date 23 August 2020
  • Revise Date 30 April 2021
  • Accept Date 12 April 2021
  • First Publish Date 06 August 2021
  • Publish Date 22 December 2021