Author: Ibrohimov, Azimjon Abdumo‘min O‘g‘li; Nechaeva, Elena Vladimirovna
Annotation: These regimes of international investment law play an important role in ensuring stability, fair and free competition in the activities of subjects of international investment law, in the prevention of protectionism and discrimination. The application of the National Treatment aims to prevent negative discrimination between foreign and domestic investments, protectionist policies of states, to create a level playing field for foreign and domestic investment, protect the interests of foreign investors, according to the most-favoured nation treatment the receiving State undertakes to provide other State investors who are a party to the contract or their investments on favorable terms not less than those provided for third-party investors and their investments in a particular field. Under this Treatment, the goals of creating an equal competitive environment for investors, preventing discrimination, guaranteeing the rights of investors are guaranteed not comparing to domestic investors in the host country, but to foreign investors. This work provides a comparative analysis of the National Treatment and Most-Favoured Nation Treatment, which are key principles of international investment law, and discusses the rules, cases and other sources that define their content.
Keywords: International investment, National Treatment, Most-Favoured Nation Treatment, domestic investor, foreign investor, protectionism, discrimination, similar situations, similar products