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21 J. Int'l Trade L. & Pol'y 1 (2022)

handle is hein.journals/jitlp21 and id is 1 raw text is: The current issue and full text archive of this journal is available on Emerald Insight at: https://www.emerald.com/insight/1477-0024.htm The legal guarantees to protect foreign investment in Jordan Mohamad Ali Helalat Al-Hussein Bin Talal University, Maan, Jordan Abstract Purpose - This paper aims to indicate that the foreign investment system in Jordan includes many provisions that create an appropriate environment for encouraging foreign investments and grant a distinctive treatment for the foreign investor that allows them the status equal to the national investor. Design/methodology/approach - This study deals with the protection provided by the Jordan Government for foreign investments to attract foreign investment by studying the guarantees given by Jordan including many legal principles that encourage investment. The legal guarantees for the foreign investor enhance the confidence of the foreign investor in the host country. Findings - The system provides a lot of guarantees with respect to non-commercial risks to which the foreign investor may be exposed. Originality/value - The paper also clarifies that the role played by bilateral agreements in the field of investments, as these agreements give foreign investments a measure of protection through the guarantees and they are considered as incentives for the investor. Keywords Jordanian law, Foreign investments, Bilateral investment agreements, Legal guarantees, Foreign investor, Bilateral agreements, Legal system, National investor, Legal status, Legal principles, Jordanian Government, Arab countries Paper type Research paper 1. Introduction Jordan is one of the Arab countries most affected by the financial crises. This type of challenge leads to an attempt to pursue an economic policy based on foreign investments to confront the problems faced by the national economy. Consequently, Jordan has put in place many laws related to foreign investment, to provide maximum protection and assurance to foreign investors, as well as to provide exemptions and large-scale benefits (Abu, 2016). In addition to the international laws, Jordan has signed several bilateral agreements aimed at protecting and encouraging investment, to gain the confidence of the foreign investor (Al-Samarrai, 2006). Alomran (2019) investigated elements that were not part of commercial transactions and investors' expectations that impacted their investment in the host country such as nationalization, seizure and expropriation. Their research looked at the constitutional and legislative provisions as one of the main causes for foreign investment protection in Jordan's Hashemite Kingdom. The author is very thankful to all the associated personnel in any reference that contributed to/for the purpose of this research. Funding: This research is not funded by any resource. Research funding: This research did not receive fundings from any source. Availability of data and materials: The data sets used and analyzed during the current study are available from the corresponding author on reasonable request. Competing interest: The author declares no competing interest. Protect foreign investment 1 Received 23 January 2021 Revised 20 February 2021 17 May 2021 Accepted 17 June 2021 Journal of International Trade Law and Policy Vol.21 No. 1,2022 pp. 1-15 © EmealdPublishing Litd 1477-0024 Doi 1&110&JITLP-o-2-coos~l

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