Document Type : Article

Authors

1 Ph.D. in (Privte Law), Lecturer at Hakim Sabzevari University, Sabzevar, Iran

2 Assistant Professor, Department of Privte Law, Faculty of Law and Political Sciences, Shiraz University, Shiraz, Iran

10.22059/jplsq.2022.339056.3032

Abstract

The missing link in major investment and trade agreements in the international arena in recent decades has been social responsibility. What and why the nature and basis of this responsibility and the challenges facing it are the most important issues that must be answered. The results of the research show the fact that the soft language and lack of seriousness, countries' fear of the economic consequences of citing this condition, the possibility of government abuse, litigation costs and the dominance of the commercial approach in the courts are among the challenges of implementing social responsibility. It seems that providing grounds for the free presence of civil society representatives, considering the condition of social responsibility in the framework of the principle of fair treatment and referring to general legal principles such as good faith and applying effective incentive policies can be a suitable solution for the legal consolidation of this clause in the commercial agreements. Finally, based on the experience studied in commercial agreements, it seems that Iranian politicians should also promote social responsibility and legal consolidation of soft rules in international investment laws and regulations and apply these as much as possible; So that with the justifiable measures, the country pays less for non-fulfillment of obligations towards foreign investors.

Keywords

Main Subjects

  1. English

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