Conventional international law and promotion of foreign investment in Algeria

Abstract EN

The desire for development, and the enormous natural resources that Algeria possesses, has made it in need of foreign investment to qualify and benefit from it, due to its material and technical capabilities that national institutions may not possess.

Encouraging foreign investors to come to Algeria may need to provide a set of guarantees in its domestic laws, to motivate and protect it, but besides that, International Law provides a mechanism which contains of the will of the two states and equals them; the exporter and host of investment, which are International Investment Agreements, which have become to form a branch called the Conventional International Investment Agreement.

In this regard, Algeria resorted to the aforementioned convention rules to encourage foreign investment, and it worked to modify its internal legal system, to give international agreements place a source of confidence for foreign investors.

In addition, it has ratified a significant number of foreign investment promotion agreements.