Investment I Agreement

Concerns were expressed about the specific objectives that such a multilateral agreement aims to achieve, who would benefit from it, how, and what the consequences of such a multilateral agreement would be on countries` broader public policies, including those relating to environmental, social and other issues. Developing countries, in particular, may need “policy space” to develop their regulatory frameworks, for example. B in the field of economic or financial policy, and a great fear was that a multilateral agreement on investment would reduce this room for manoeuvre. As a result, current international investment regimes do not have a single system based on a multilateral agreement. These payments are called tranches. Even when governments finalize general development goals, these agreements themselves generally do not directly address economic development issues. While IIAs rarely contain specific investment promotion commitments, some provisions support the exchange of information on investment opportunities, encourage the use of investment incentives or propose the establishment of Investment Promotion Agencies (IPOs). Some also contain provisions that take into account public policy in the context of development, for example.B. health or environmental exceptions or exceptions related to essential security. . .

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