Info: Zenodo’s user support line is staffed on regular business days between Dec 23 and Jan 5. Response times may be slightly longer than normal.

Published September 24, 2023 | Version v1
Journal article Open

The Foreign Investment Contracts According to the Jordanian Legislations

Description

Abstract: Legislative regulation of foreign investment is an important factor in attracting foreign investment; In view of the provisions, it contains related to all fields of foreign investment, and the regulation of the relationship between the foreign investor and the contracting state, in addition to defining the rights and duties of each of the parties to the foreign investment contract. In the fields of investment, which resulted in the emergence of foreign investment contracts. The development of international trade relations has led to the emergence of foreign investment contracts, which are characterized by the length of their implementation period, the privacy of their parties: the host country for the investment and the investor, the disparity in legal positions between them, and the affiliation of each of the parties to a legal system different from the other; The state is a public law person, while the foreign investor is a private law person. The jurisprudence differed about the legal qualification of these contracts; Is it a public law contract or a private law, or is it an international contract. The study concluded that the foreign investment contract is a private law contract for several justifications, and its internationality or belonging to public law contracts cannot be said, in addition to the fact that the foreign investment contract must be regulated in the Jordanian investment law or the regulations issued under it due to its importance, and its legal implications.

Keywords: Investment Contracts/ Foreign Investment /foreign investor.

 

الطبيعة القانونية لعقود الاستثمار الأجنبي وتنظيمها وفقاً للتشريع الأردني
ملخص الدراسة: يعد التنظيم التشريعي للاستثمار الأجنبي عاملاً مهماً في جذب الاستثمارات الأجنبية؛ نظراً لما يتضمنه من أحكام تتعلق بكافة مجالات الاستثمارات الأجنبية، وتنظيم العلاقة بين المستثمر الأجنبي والدولة المتعاقدة معه، إضافة إلى تحديد حقوق وواجبات كل من أطراف عقد الاستثمار الأجنبي، وتسعى الدول للعمل على وضع تشريعات خاصة تنظم الاستثمار لديها بمافيه الاستثمار الأجنبي، وبما يواكب التطورات المتسارعة في مجالات الاستثمار، والتي نتج عنها ظهور عقود الاستثمار الأجنبي. وأدى تطور العلاقات التجارية الدولية الى ظهور عقود الاستثمار الأجنبي، والتي تتميَّز بطول مُدَّة تنفيذها، وخصوصية أطرافها: الدولة المضيفة للاستثمار والمستثمر، والتفاوت في المراكز القانونية بينهم، وانتماء كل من الأطراف لنظام قانوني مختلف عن الطرف الآخر؛ إذ إن الدولة من أشخاص القانون العام، بينما المستثمر الأجنبي هو من أشخاص القانون الخاص. وقد اختلف الفقه حول التكييف القانوني لتلك العقود؛ فهل هي من عقود القانون العام أو القانون الخاص، أم أنها من العقود الدولية. وتوصلت الدراسة إلى أن عقد الاستثمار الأجنبي من عقود القانون الخاص لعدة مبررات، ومن غير الممكن القول بدوليته أو انتمائه لعقود القانون العام، إضافة إلى انه لابد من تنظيم عقد الاستثمار الأجنبي في القانون الأردني الخاص بالاستثمار أو الأنظمة الصادرة بموجبه نظراً لأهميته، وما يترتب عليه من آثار قانونية. وستبحث هذه الدراسة في عقود الاستثمار الأجنبي، والطبيعة القانونية لها. وكذلك التنظيم التشريعي للاستثمار في الأردن.

الكلمات المفتاحية: عقود الاستثمار، الاستثمار الأجنبي، المستثمر الأجنبي

Files

IJJA VOL 5, ISSUE 1, NO6. 2023, PP 80-94. PDF.pdf

Files (765.2 kB)

Name Size Download all
md5:4a09e3ba43bb343669be61e63964fade
765.2 kB Preview Download

Additional details

References

  • Al-Asaad, Bashar Mohamed (2006), Investment Contracts in International Rulings (WhatsApp- the Applied Law- Methods of Settlement Disputes), Al-Halabi Human Rights Publications, p. 76. Al -Alawabi, Youssef Abdel Hadi Khalil, (1989), The Legal System for Technology Transfer Contracts in the field of private international law, Arab Renaissance House for Publishing and Distribution, Egypt. Ismail, Hafal Siddiq (2017), arbitration in foreign investment disputes in accordance with international agreements and national legislation with the latest provisions of international arbitration bodies and the provisions of national courts, the facility of knowledge, Alexandria. Bakr, Mohamed Abdel Aziz Ali (2010), the legal system of contracts concluded between the state and foreign persons (the idea of the administrative contract across the border), 1st edition, the modern library, Cairo. Zughair, Aqeel Karim (2015), Civil Responsibility for the Foreign Investor, 1st edition, Dar Al -Fikr and Law for Publishing and Distribution, Amman. Zahran, Ibrahim Ahmed, Al -Amayreh, Sherine Ismail, His Majesty King Abdullah II Bin Al -Hussein Al -Muazzam and the encouragement of investment. Al -Samarrai, Dureid Mahmoud (2006), Foreign Investment Constituents and Legal Guarantees, 1st edition, Arab Unity Studies Center, Beirut. Al -Sarhan, Adnan Ibrahim, Khater, Nuri Ahmed, (2002), Explanation of Civil Law, Sources of Personal Rights (Obligations) A Comparative Study, 1st edition, International Scientific House for Publishing and Distribution, and the Culture House for Publishing and Distribution. Sultan, Anwar (1987), sources of commitment in the Jordanian Civil Law, a comparative study of Islamic jurisprudence, 1st edition, publications of the University of Jordan, Jordan. Abu Sharar, Ali Abdel -Fattah (2007), International Economy - theories and Policies - 1st edition, Amman, Jordan. Sharif, Amira Jaafar (2016), settlement of investment disputes (comparative legal study), New University House, Alexandria. Al -Shammari, Ahmed Hillel (2016) The obstacles to foreign investment in the Arab countries Iraq - Egypt - Saudi Arabia - Jordan - Algeria - Yemen, Dar Al -Ayyam for Publishing and Distribution, 1st floor, Amman. His sincerity, Omar Hashem Muhammad, guarantees of foreign investment in international law, Dar Al -Fikr University, Alexandria. Salah Al -Din Jamal Al -Din (1996), State Contracts for Technology Transfer (Study in the Framework of Private International Law and International Commercial Law), Arab Renaissance House, Cairo. Abdel -Hassan, Salah, Al -Samarrai, Hana Abdul Ghaffar (1998), Foreign Investment Adjusts and Disagreements, Publications of Beit Al -Hikma, Baghdad. Abdel Hafeez, Safwat Ahmed (2005), the role of foreign investment in the development of the provisions of private international law, university publications, Alexandria. Abdullah, Abdul Karim Abdullah (2008), guarantees of investment in Arab countries (a comparative legal study of the most important Arab legislation and international treaties, with reference to the World Trade Organization and its role in this field), House of Culture, Amman. Amer, Ramadan, Ali Abdel Karim Desouki (2011), legal protection for foreign direct investments and the role of arbitration in settling their disputes, 1st edition, National Center for Legal versions, Cairo. Akashha, Khaled Kamal (2014), the role of arbitration in breaking the disputes of investment contracts (a comparative study of some legislation in Arab and foreign countries, international agreements and the privacy of the Washington Center ICSID), House of Culture for Publishing and Distribution, Amman. Ghanem, Muhammad (2011), investment in political and Islamic economics, legislation and investment agreements, Dar Al -Fikr University, Alexandria. Al -Fatlawi, Ahmed Hussein Jalab (2017), The Legal System for Investment Contract, Zain