General Characteristics of Investment Legislation

This article gives interested readers an opportunity to get a common understanding of modern views on the place of legal regulation of investment activity in the system of international law. The article also includes a brief overview of the history of development of the investment law since the XIX century. Moreover, the article analyzes various ways to resolve international investment disputes, including those under the Washington Convention on the settlement of investment disputes between States and nationals of other States of 1965 (The ICSID Convention), the Seoul Convention Establishing the Multilateral Investment Guarantee Agency (MIGA) of 1985 and The Energy Charter Treaty of 1994. Besides, much attention is paid to some problematic issues and inconsistencies that exist in the international investment legislation.