Document Type : Article


1 Prof. International trade Law Department. faculty of law. Shahid Beheshti University. Tehran. Iran.

2 Master of International Trade law. Shahid Beheshti University. Tehran. Iran.

3 Ph.D. Candidate in International Law. Shahid Beheshti University. Tehran. Iran.


Foreign Direct Investment is considered as a vital matter for every countries’ economic progress and no country is needless to Foreign Investment. The main paths for importing such investments are bilateral or multilateral investment treaties. Although for a while, the objective to attract foreign investment and import financial resources to a host country was economic growth but as time advanced, it came out that insisting on economic growth and disregarding sustainable development would create several problems. Notwithstanding the new atmosphere of foreign investment trend and international trade, the query to new arrangements and proper to these evolutions seem quite necessary. Such arrangements which the authors call new arrangements, including investment for development, alliance of policy- making, dynamism and promotion and protection of investor, are intended to create and ensure sustainable development, both in economic and environmental areas and also other areas as well. Their implementation though, requires a concrete legal system with specific enforcements in order to fulfil the defined objectives. This contribution, with a descriptive and analytic approach with a socio-legal method, first, study the concept of new arrangements in investment which has not been dealt with dully. Then, it tries to answer to this question that what is the concept’s relation to sustainable development. Plus, studies the present legal order both at national and international level and examines the impact of new arrangements on foreign investment.


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