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Sustainable Development in Chilean International Investment Agreements

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  • Polanco, Rodrigo

Abstract

This article describes the sustainable development provisions (SDPs) that are generally found in international investment agreements (IIAs), as well as those that explicitly refer to environmental and labour standards. In turn, it examines Chilean IIAs and their sustainable development provisions in bilateral investment promotion and protection agreements (BITs) and as part of preferential trade agreements (PTAs), and compares them with the inclusion of these provisions in IIAs worldwide. Considering that Chile is one of the leading countries in the negotiation of trade agreements and that, at the same time, it has made a strong public commitment to promote sustainable development, we propose some recommendations for future negotiations or renegotiations of Chilean IIAs to include more sustainable development provisions. Read the full Working Paper by clicking on the link below.

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  • Polanco, Rodrigo, 2022. "Sustainable Development in Chilean International Investment Agreements," Papers 1376, World Trade Institute.
  • Handle: RePEc:wti:papers:1376
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    References listed on IDEAS

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    1. Bonnitcha, Jonathan & Skovgaard Poulsen, Lauge N. & Waibel, Michael, 2017. "The Political Economy of the Investment Treaty Regime," OUP Catalogue, Oxford University Press, number 9780198719557.
    2. Alschner, Wolfgang & Elsig, Manfred & Polanco, Rodrigo, 2021. "Introducing the Electronic Database of Investment Treaties (EDIT): The Genesis of a New Database and Its Use," World Trade Review, Cambridge University Press, vol. 20(1), pages 73-94, February.
    3. Christian Bellak, 2015. "Economic Impact of Investment Agreements," Department of Economics Working Papers wuwp200, Vienna University of Economics and Business, Department of Economics.
    4. Kathryn Gordon & Joachim Pohl & Marie Bouchard, 2014. "Investment Treaty Law, Sustainable Development and Responsible Business Conduct: A Fact Finding Survey," OECD Working Papers on International Investment 2014/1, OECD Publishing.
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