Examining the Legal Positions of Foreign Investment in the Constitution (with a Comparative Study of Iran and Iraq)

Document Type : Original Article

Authors
Reza Khodabandeh Louee 1
Mojtaba Ansarian 2
Aref Jafari Sadegh Abad 3
1 Master of International Law, Payame Noor University, Tehran, Iran
2 PhD in International International Law, Professor, Payame Noor University. Tehran ,Iran(Corresponding Author)
3 PhD in International Trade Law, University of Pune, Puna, India
Abstract
The constitution is considered as a reference law in every country and the root of all the domestic laws of that country, according to it, obstacles and views existing in each country and it’s domestic laws are spread and expanded. Given the importance of foreign investment in the growth and development of countries and the facilitation of free trade, developing countries seeking to attract foreign investment in terms of wealth creation and development and prosperity and avoidance of poverty for their people have made this issue a priority in their programs. The growing annual statistics of the world confirm the importance of foreign investment. The constitution of any country is the source of all the domestic laws of that country and the attitude of the constitution in each country is effective in attracting foreign investment. A comparative study of the constitution of Iran and Iraq as Islamic countries with energy resources in the field of foreign investment, positions and strengths and weaknesses in attracting foreign investment has been examined.
Keywords
Law
Capital
Foreign Investment
Iraqi Constitution
Iranian Constitution