Compatibility between US-BIT norms and the need for local remedies through relevant egyptian investment laws

• Main Authors: Elfakharani, Ashraf M. A., Abdul Rahman, Rohana, Abdullah, Nor Anita
• Format: Article
• Language: English
• Published: Edinburgh University Press 2018
• Subjects: KZ Law of Nations
• Online Access: http://repo.uum.edu.my/27718/1/elfakharani2018.pdf; http://repo.uum.edu.my/27718/; http://doi.org/10.3366/ajicl.2018.0241

This article investigates the legal mechanism designed for promoting private investment in Egypt through signing Bilateral Investment Treaties (BITs) including adoption of the United States of America's BIT Norms Model (US BIT Norms). It also explores their compatibility with the relevant Egyptian investment laws and investigates whether these norms had any significance in the creation of an investment environment in Egypt. The article cites examples from Egyptian investment laws to see whether these norms gave birth to any conflicts. The presence of Egypt has increased before the international tribunals. This article examines the post-adoption relevant investor-Egypt disputes in order to find out whether the allegations in these disputes hint at the abuse or failure of these BIT norms and whether these cases are a potential threat to the local remedies and the domestic legal and economic system of the country.