The Protection of Foreign Investments in Mongolia

Treaties, Domestic Law, and Contracts on Investments in International Comparison and Arbitral Practice

  • Bajar Scharaw

Part of the European Yearbook of International Economic Law book series (EUROYEAR, volume 2)

Also part of the EYIEL Monographs - Studies in European and International Economic Law book sub series (EYIELMONO, volume 2)

Table of contents

  1. Front Matter
    Pages i-xx
  2. Bajar Scharaw
    Pages 1-9
  3. Bajar Scharaw
    Pages 11-141
  4. Bajar Scharaw
    Pages 143-184
  5. Bajar Scharaw
    Pages 185-301
  6. Bajar Scharaw
    Pages 303-307
  7. Back Matter
    Pages 309-358

About this book


This book analyses the adequacy of Mongolia’s legal system for foreign investment protection by conducting a multi-level assessment of international investment treaties, domestic legislation of the host State, and investor-State contracts from an international comparative perspective. The investigation distinguishes between three legal dimensions, each of which offers both substantive legal guarantees for the protection of investments in the host State and provisions for the settlement of investment disputes by arbitration. 
In the first dimension of Public International Law (PIL), Mongolia is bound by international investment treaties, which offer investors an international law setting. In the second dimension, a special domestic investment law defines the domestic framework for the establishment, promotion and protection of investments, but also for the conclusion of investor-State contracts. These contracts in turn open a third legal dimension, which represe
nts a cross-section through the PIL and domestic-law dimensions of investment protection. Following the development of a multi-level system with legal dimensions that are not isolated but rather interrelated and mutually reinforcing, the book examines whether Mongolia’s international investment treaties and domestic investment law reflect globally shared international and domestic standards of treatment and protection of foreign investments. Lastly, the author inquires whether the domestic laws applicable to investor-State contracts in Mongolia allow investors and the Mongolian Government to agree on protective terms according to the (not uncontroversial) standards of international contract practice.


International investment law Foreign investments in Mongolia International investment treaties Investment laws Investor-State contracts

Authors and affiliations

  • Bajar Scharaw
    • 1
  1. 1.Frankfurt am MainGermany

Bibliographic information