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Domestic, Regional and Multilateral Investment Liberalization

In: Regulation of Foreign Investment Challenges to International Harmonization

Author

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  • Jorge A Huerta Goldman

    (TILPA Sarl, Switzerland)

Abstract

Like tariff liberalization — applied tariffs under domestic laws, preferential tariffs through regional trade agreements, and WTO bound tariffs — States also have three levels to liberalize investment. Domestic laws on investment are unilateral acts by a State that provide benefits not only for investors, both national and foreign, but also for other States. Bilateral Investment Treaties (BITs) are bilateral or regional international treaties where States reciprocate obligations vis-à-vis investors from the other States parties to BITs. But, BITs in some circumstances may also provide benefits to the cosignatory States…

Suggested Citation

  • Jorge A Huerta Goldman, 2013. "Domestic, Regional and Multilateral Investment Liberalization," World Scientific Book Chapters, in: Zdenek Drabek & Petros Mavroidis (ed.), Regulation of Foreign Investment Challenges to International Harmonization, chapter 3, pages 57-97, World Scientific Publishing Co. Pte. Ltd..
    • Handle: RePEc:wsi:wschap:9789814390842_0003
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