Sovereign Wealth Fund (“SWF”) and Investment in Pakistan

Investment from Sovereign Wealth Funds are controversial as there is a foreign state
which supports the investment. It is presumed that there is an inherent political
element attached to the investment. Moreover, definition of investor is also
controversial for international arbitrations involving Sovereign Wealth Funds since
International Center of Settlement of Investment Disputes only handles investor – state
disputes rather than state – state disputes. Therefore, it is essential to peruse the legal
intricacies of the investments via Sovereign Wealth Funds to formulate
recommendations.

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