DEVELOPMENT OF THE INSTITUTE OF INTERNATIONAL LEGAL PERSONALITY IN INTERNATIONAL INVESTMENT RELATIONS

The development of the Institute of International Legal Personality in International Investment Relations has been a significant topic of discussion among legal scholars and policymakers in recent years. This abstract explores the evolution of international legal personality in the context of cross-border investments, examining its role in shaping the rights and obligations of states and investors. It analyzes the key legal principles governing international legal personality in investment law, including the concept of state responsibility, the nationality principle, and the principle of sovereign immunity. Additionally, the abstract discusses the challenges and opportunities presented by the evolving nature of international investment relations, such as the rise of transnational corporations, the increasing role of international arbitration, and the impact of globalization on the concept of international legal personality.