Definition of investment in foreign contracts and international jurisprudence with emphasis on ICSID votes

The basis of the establishment and continuity of any legal rule is to maintain its dynamics over time, and any rule that does not have the ability to adapt to its internal and surrounding realities will inevitably stagnate. The concept of foreign investment is one of the important opportunities in the field of achieving progress in many fields in connection with the projects of the countries in different dimensions, and specific legal mechanisms have been determined for this issue in the international laws and domestic laws of each country. This concept has been defined and explained with the passage of time, firstly in the framework of various international treaties, which are increasing in number. The daily increase of international treaties in the field of foreign investment leads to the widening of relations between governments and, as a result, the occurrence of more disputes between them. In this context, the question is raised, what is the definition of foreign investment and how does the judicial procedure with emphasis on ICSID votes affect foreign investment?

This research was done using descriptive analytical method.

Arbitration is considered as a suitable way to resolve commercial disputes. The Washington Convention, as the founding document of the Accidence Arbitration Authority, did not state any definition of the concept of investment, and this authority, relying on different interpretation techniques, tried to determine the meaning of investment, and this caused many theoretical differences around the issue of investment has created.