EVOLUTION OF INTERNATIONAL INVESTMENT LAWS

In 21st century, International trade is emerges as the one of the major source for the development of the countries. In the current scenario investments made by one country to another country has became the major source for the increase in capital money of the countries which are indulge in such practices. It is much obvious to understand that for every undeveloped country and developing countries, it is very much necessary to have link with the developed countries as well as trade between them or trade between with such countries from which particular countries are gaining some mutual interest. But, main question arises here is that whether there is zero probability of unfair practices in trade? Whether investments made by one particular country to another particular country will execute in the same manner for which purpose the investment was made? The answer to such questions is ‘No’, but can be possible when there are authorized laws for governing such practices is present. In the era of innovations, high-tech technologies and rising of new trends, countries are mostly indulge in international trading across the country by remaining in the purview of legal framework set for such practices of investment so that fair and equitable trade can be maintained as well as each and every investment can be secured. But again the question comes here is that how such investments laws are framed? How such investment laws come in the purview of particular countries belief? Or how such investment laws which are set in a same legal framework are accepted by different countries? The answer to such questions are that not just in particular time any law can be framed which can regulate different countries investment practices, but It took centuries to evolve themselves and are also in ongoing process