Filed Under: International Law
1 definition found for this term.
Definitions are presented in the order source books were published (most recent first).
Public International Law, 2/e$60.00 – $96.00
A clause sometimes inserted by states into a concession contract with foreign investors by which the latter agree not to seek the protection of their national state but to submit to local law and jurisdiction with respect to all matters or disputes arising under the contract.