Investment Contracts
This note provides guidance on the form and content of contracts between investors and governments pertaining to agricultural investments. The best guarantee of positive benefits from foreign investment is a solid foundation of domestic laws that a...
Main Authors: | , |
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Format: | Brief |
Language: | English |
Published: |
World Bank, Washington, DC
2018
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Subjects: | |
Online Access: | http://documents.worldbank.org/curated/en/183811521090868672/Investment-contracts http://hdl.handle.net/10986/29481 |
Summary: | This note provides guidance on the form
and content of contracts between investors and governments
pertaining to agricultural investments. The best guarantee
of positive benefits from foreign investment is a solid
foundation of domestic laws that are properly enforced. In
many developing countries, however, the necessary domestic
laws may not be in place or may not be sufficiently
detailed. Even when they are in place, they may not be
implemented or enforced. Contracts can help fill the gaps in
domestic laws by providing more detailed guidance on what
should be contained in the assessments, and using
international standards and best practice as the reference
points. However, contracts need to be drafted carefully to
maximize benefits and reduce risks. |
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