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INTRODUCTION
Historically, investors whose investments were expropriated or
nationalised by the Host State had few rights of redress. The
options were limited to seeking to enforce their rights in the
national courts of the Host State or appeal to their own Home State
to place commercial, diplomatic, or military pressure on the Host
State depending on the nature of the said investment.
However, the international community has taken a conscious step
to promote investment into developing nations by creating avenues
for foreign investors to protect their rights over the last 50