Hungary was one of the first States of Central-Eastern Europe to adopt bilateral investment treaties (“BITs”) in an effort to attract large-scale foreign investment. Although certain safeguards for foreign investment existed under domestic Hungarian law,
KOROM, V. (2019). Hungary. In: Csongor Nagy (ed.). Investment Arbitration in Central and Eastern Europe. Law and Practice. 1st ed. Edward Elgar Publishing Ltd, pp. 156-219.