Investment Dispute Settlement in Energy Charter Treaty (ECT) and Legal effects of Iran's Accession thereto

Energy Charter Treaty (ECT) is considered as a multilateral treaty in order to establish the legal rights and obligations on investment, trade and the other subjects on energy sector such as transit, environment and technology transfer in international level. This treaty has provided two dispute settlement mechanisms i.e. dispute settlement between an investor and a contracting party and dispute settlement between contracting parties. Some of the Iran's Regulations are in conflict with the content of ECT. In order to access, Iran, as an observer member of this Treaty, has obligation to correspond its own domestic provisions with the Treaty's content.