Many economies are heavily reliant on their ability to attract foreign investment. As a result, governments in these countries will be keen to appear to harbour the ideal foreign investment climate by offering as many concessions to foreign investors as they can. In our experience, what we have seen is that some of these concessions often restrict the future ability of governments to regulate in the best interest of their citizen’s. Those who seek to renegotiate these concessions often find themselves liable to investors sometimes to the tune on billions. At Phoenix, we have the know-how to support governments and their representatives in their negotiation of such concessions, advising them on any present and future implications of these agreements on their future ability to govern in the best interest of their citizens.
