In 2010, the international community including the United Nations, European Union and United States imposed a series of economic and financial sanctions on the Iranian government for its controversial nuclear programme by restricting investments by multinational companies in the Iranian oil and...

International investment law has redefined the nature of cooperation between states through provision of investor-state dispute resolution mechanism that was weak and unenforceable under the customary international law principles which required home country of the foreign investor to espouse the...

In Feb 2014 Iranian government launched a new oil investment contract to replace the outdated and unattractive buyback model that had been used for more than two decades for development of oil and gas fields. The new investment model is similar to the Production Sharing Agreement (PSA) and...