Abstract
In this article, the author examines the notion of state-owned entities in the practice of international organisations, and the different approaches to the extension of investor status to state-owned entities under international investment agreements. As a result of the analysis, the author formulates the characteristics of state-owned entities as investors in the international legal context and establishes that in the vast majority of cases state-owned entities are not excluded from the investor concept, and therefore shall be covered by the protection of international investment agreements.
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