<p>The main purpose of bilateral investment treaties is to protect investors from one of the signatory countries, as regards their investments in the territory of another signatory. These treaties create some certain stability conditions and anticipate a number of obligations, but also admit the possibility that foreign investment is expropriated. However, it may be questionable expropriation of foreign investment by the government of a state. Thus, it is necessary to refl ect on what the specifi c contribution that foreign investment should be done in terms of distributive justice. This article will examine this aspect in the Argentine state case.</p>