Investicijos samprata pagal 1965 m. Konvenciją Dėl valstybių ir kitų valstybių piliečių ginčų investicijų srityje sprendimo (Definition of 'Investment' under the ICSID Convention of 1965)

Pagrindinis klausimas, kuris analizuojamas šiame straipsnyje – ar arbitražo teismai turėtų investicijos apibrėžimą interpretuoti kuo plačiau, ar, atvirkščiai, – jie turėtų laikytis formalesnio požiūrio ir pripažinti investicija tik tokią veiklą, kuri konkrečiai nurodyta dvišaliuose investiciniuose susitarimuose.Article is aimed to analyze the continuing discussion regarding jurisdictional limitations imposed by the ICSID Convention. Since the definition of investment was intentionally not included in ICSID Convention and bilateral investment agreements (BITs) often contain rather broad definitions of what should constitute an investment. It was observed that it is for the tribunal to decide whether certain activity would be recognized as investment and, subsequently, whether the claim should be admitted. The main question which was analyzed was whether tribunals must or must not interpret the definition of investment as broad as possible, or, conversely, tribunals should rather take a more formal approach and only approve such investments that are specifically provided in BITs