Do economic free zones pass legal scrutiny?

This work delves into the intricate relationship between international law and various economic frameworks, particularly focusing on free zones and foreign direct investment (FDI). It begins with a historical overview, tracing the evolution from ancient China to modern media and internet influences. The legal construction of these frameworks is examined, alongside an outlook on future developments. The nature of international law is explored in detail, covering established laws, general principles, and customary international law, including multilateral instruments such as the World Bank Guidelines and regional treaties, as well as bilateral investment treaties and national law. The section on treaty law addresses multilateral instruments, particularly those related to the World Trade Organization (WTO), including agreements on trade-related investment measures, subsidies, and services. Potential conflicts between international law on FDI and free zones are analyzed, emphasizing state sovereignty, contracts, and conflict resolution. The discussion extends to emerging laws, including general international law and trade-related WTO law, and considers the possibility of a multilateral investment agreement. The work concludes with a comprehensive bibliography and annexes detailing various states' statuses related to WTO agreements and economic classifications as of June 2003.