The dynamics in the relationship between the host state and the investor differ in nature before and after the investment has been made. Larger project are typically not made under the general laws of the host countrt; instead, the host state and foreign investor negotiate a deal-an investment agreement-which may adapt the general legal regime of the host country to the project-specific need and preferences of both sides. During these negotiations, the investor will try to seek legal and other guarantees necessary in view of the nature and the length of the project. Considerations will include bilateral or multilateral treaties concluded by the host state which will provide guarantees on the level of international law. Depending on the project, the investor may be in the driver's seat during these negotiations if the host state is keen to attract the investor.