In cross-border transactions or projects, the government of the country where the transaction will take place or the project is located. The host government is usually represented by the executive branch or a state-controlled company that oversees the applicable industry, for example, a state-controlled oil company. Establishing a good relationship or entering into an agreement with the government setting out certain protections for foreign investors is critical to minimize governmental interference with their investments. For more detailed information on the role of the government on foreign investments, see Practice Notes: