Fundamental Rights & Obligations in International Administrative Contracts

Abstract

The aim of the research is to demonstrate the most important rights and obligations of the Department in international administrative contracts. One of the most important rights conferred upon the Department is its right to modify and terminate the contract by its individual will. It is a legitimate right of law that the Administration is responsible for the steady and systematic functioning of public utilities, but nevertheless, those rights conferred on one side "are not absolute, in other words, the Administration may not abuse the use of those rights or otherwise their implementation is flawed by a deviation of authority .In contrast, there are also rights and obligations incumbent on the other party (foreign investor), since one of the most important rights granted is the need for adequate material guarantees and a benefit of compensation, whether in whole or in part in accordance with the principles of financial balance.