IDEAS home Printed from https://ideas.repec.org/a/sae/fortra/v36y2001i3-4p66-120.html

From Bilateral to Multilateral Investment Treaty

Author

Listed:
  • Sheela Rai

Abstract

While the need for FD! has necessitated a tremendous increase in Bilateral Investment Treaties all over the world, there are different opinions about the desirability for Multilateral Investment Treaty. While the “globalisation school†advocates for the conclusion of MAI, the “internalisation school†is against it advocating policy autonomy for the sovereign countries and pointing to development needs of the developing countries. Earlier these agruments in investment area were put forward in relation to issues like expropriation, stability of contract, compensation, etc. which have now got settled in international law. But there are new issues like right to market access to foreign investors, extent of regulatory powers of host country, performance requirements and investment incentives and code of conduct for multinational corporations which are yet to be settled and will be important issues in any negotiation for MAI. The paper studies the trend of international law on foreign investment as it is growingfrom customary international law developed by bilateral investment treaties and various legal writings into a more legislative law by various regional investment agreements and endeavours for a Multilateral Investment Treaty now under WTO. Various suggestions regarding a prospective MAI under the WTO have been discussed.

Suggested Citation

  • Sheela Rai, 2001. "From Bilateral to Multilateral Investment Treaty," Foreign Trade Review, , vol. 36(3-4), pages 66-120, October.
    • Handle: RePEc:sae:fortra:v:36:y:2001:i:3-4:p:66-120
    DOI: 10.1177/0015732515020305
    as

    Download full text from publisher

    File URL: https://journals.sagepub.com/doi/10.1177/0015732515020305
    Download Restriction: no
    File URL: https://libkey.io/10.1177/0015732515020305?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:sae:fortra:v:36:y:2001:i:3-4:p:66-120. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: SAGE Publications (email available below). General contact details of provider: .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.