Document Type : Scientific
Authors
1
Department of, law,ST.C., Islamic Azad University, Tehran, Iran. (Corresponding Author), abasniazi@ut.ac.ir
2
Assistant Professor, Department of Theology, Faculty of Literature and Humanities, Yasuj University, Yasuj, Iran. m.mansouri12025@gmail.com
Abstract
The Law on Encouragement and Protection of Foreign Investment, enacted in 2002 (1381 SH), has taken significant steps to support its primary target, namely foreign investors, and provides substantial incentives to nationals of other countries. A fundamental principle that the legislator has largely adhered to is that social interests, national security, national sovereignty, and economic security must never be sacrificed for the sake of foreign investment. The legislator does not regard the attraction of foreign investment as an end in itself; rather, it is considered a means to achieve economic growth, enhance national security, uphold national sovereignty, and secure economic stability. Whenever foreign investment conflicts with any of these three components—national security, national sovereignty, or economic security—the investment should be declined, as the ultimate goal of attracting foreign investment is to strengthen social interests, not to undermine them. Therefore, the three factors—national security, national sovereignty, and economic security—each representing a dimension of social welfare, should be regarded as deterrent factors against undesirable foreign investment.
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