Convention of 1991

The Convention of 1991, often referred to as the "Convention on the Settlement of Investment Disputes between States and Nationals of Other States," established a framework for resolving disputes related to international investments. Its main goal is to provide a neutral venue for arbitration, helping investors and host countries address conflicts over investments fairly and efficiently. By promoting stability and confidence in international investment, the Convention aims to protect the rights of investors while respecting the sovereignty of nations, ultimately fostering economic growth and cooperation between countries.