ESTUDIOS Y ANÁLISIS: DOCUMENTOS DE TRABAJO
A Survey of Investment Provisions in Regional Trade Agreements
The liberalization and protection of investment flows has become an increasingly indispensable pillar of economic integration. The objective of this study is to contribute to a better understanding of the ways in which RTAs achieve such liberalization and protection.
To this end, we have surveyed the investment provisions contained in 260 RTAs notified to the WTO by 31 December 2015 and in force on that date. More than half of these RTAs contain investment chapters, though they vary in terms of their substantive scope and coverage. Given the unabated increase in the number of RTAs and the push towards greater economic integration we expect this figure to further increase. The main categories of investment provisions in RTAs reviewed in the paper include the definitions of investment and investor, investment liberalization, investment protection and ISDS. Also included in our analysis are provisions supporting the investment framework, host state flexibilities, investment promotion, as well as provisions on sustainable and socially responsible investment.
N°: ERSD-2016-07
Autores: Vasyl Chornyi, Marianna Nerushay and Jo-Ann Crawford
Fecha de redacción: julio de 2016
Palabras clave:
Regional Trade Agreements, investment
Código JEL:
F15, F21
volver al principioDeclinación de responsabilidad
Este es un documento de trabajo y se refiere, por consiguiente, a un estudio en curso. Refleja las opiniones de sus autores. No pretende reflejar la posición o las opiniones de la OMC o de sus Miembros y se entiende sin perjuicio de los derechos y obligaciones de los Miembros en el marco de la OMC. Los errores que puedan existir son responsabilidad de los autores.
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