Evolution of investment law protection as part of a general system of national resources sovereignty (and management)?

Abstract

The contribution focuses on the interrelation between international investment and natural resources law. The interdependency is stressed already when the author highlights that international investment law has one of its historical origins in the exercise of sovereignty by nationalizing foreign investments in the domestic oil industry as well as in granting access to its territory. Today the main common feature of natural resources and investment law is the promotion of non economic objectives. For the area of investment law the inclusion and promotion of topics like sustainable development and environmental protection is discussed in regard to investment agreements, investment contracts and investment guarantees.