Fair and Equitable Treatment (FET)

Fair and Equitable Treatment (FET) is a principle in international investment law that requires host countries to treat foreign investors and their investments with fairness, honesty, and respect. It means they should avoid discriminatory, arbitrary, or unfair actions, and ensure predictable and just conditions. Essentially, FET safeguards investors from sudden changes or unfair treatment that could harm their investments, promoting trust and stability in international economic relations.