Ecuadorian IIA policy: a complex and dynamic process Dr. Gustavo Guerra B. This presentation does not reflect the official position of Ecuadorian government.

Slides:



Advertisements
Similar presentations
South-South Cooperation and Public-Private Partnership for Development by Bader Al Dafa Under Secretary General Executive Secretary, UNESCWA October 2007.
Advertisements

1 Transnational Corporations and the Infrastructure Challenge in Africa Session 37 Achieving the Millennium Development Goals in Africa: Should Service.
Creation of WTO investment rules in the new round We strongly urge that investment rule negotiations be launched at the Fifth Ministerial in September.
1 African ICT Roadmap to Achieve NEPAD Objectives Arusha, Tanzania, 1-3 April 2003 Roles of Government and ATU in the Implementation of NEPAD ICT objectives.
Overview of Regional Investment Promotion and Facilitation Schemes -Possible Applications in the SEE 10 th Meeting of the South East European Investment.
The Impact of Investment Treaty Law on Host States: Enabling Good Governance? Dr Mavluda Sattorova University of Liverpool.
Reducing Policy Uncertainity to Enable Investment Panel by CUTS International and Institute for Economic Affairs at the World Investment Forum, 2014, Geneva.
FDI TRENDS AND POLICY OPTIONS IN LDCs: TRAINING AND CAPACITY-BUILDING 25 September 2007 INVESTMENT PROMOTION IN INTERNATIONAL INVESTMENT AGREEMENTS AND.
1 The EU Trade Policy. 2 Contents 1.General background of the EU’s trade policy: how is the EU trading bloc structured?  The institutional setting 
Ari Kokko Industrial policy Why? How? Examples: EU Industrial Policy and Swedish Industrial Policy Sources
ICC Ukraine Ukrainian National Committee of the International Chamber of Commerce.
Eurasian Corporate Governance Roundtable
ACSCC Agenda: North America Framing Questions 10 June 2014.
Emerging International Law of Foreign Investments Omar E. Garcia-Bolivar.
THE WORLD BANK World Bank Group Multilateral Investment Guarantee Agency 1 Investment Policy, Legal Framework, & Promotion Investment Facilitation Sector.
Second Annual Forum of Developing Country Investment Negotiators 2-4 November 2008 Marrakech Investor-State Arbitration Khalil Hamdani South Centre Background.
HOW GHANA HAS IMPROVED ITS EASE OF DOING BUSINESS INDICATORS Mawuena Trebarh (Mrs.) – Chief Executive Officer Ghana Investment Promotion Centre, gipcghana.com.
Investment: TRIMS and Bilateral Investment Provisions October- 1 November 2007, International Training Centre of the ILO, Turin.
BEHIND THE BORDER ACTIONS AND APEC THE CASE OF INDONESIA Presented by Pos Hutabarat, PhD Ministry of Trade Republic of Indonesia.
General orientation of international economic integration
Country Report on Presented by: Mr. Thol Nara
Legal Environment for Doing Business in China
September 28, 2012 Expanding Market Opportunities Through Trade Policy: Office of the U.S. Trade Representative Sushan Demirjian Deputy Assistant U.S.
MENA-OECD Investment Programme Draft Policy Considerations on Incentives Working Group 3 Meeting Cairo, Egypt 6-7 September 2006.
Geoffrey Hale Political Science 3170 The University of Lethbridge October 19, 2010.
Influence of foreign direct investment on macroeconomic stability Presenter: Governor CBBH: Kemal Kozarić.
1 The Innovation Performance Review of Kazakhstan: Main Conclusions and Recommendations.
No Rights without Responsibilities: Redefining investment agreements towards binding Corporate Social Responsibility Sandy Buffett The Nautilus Institute.
XXXIX Course on International Law Current Issues in International Development: Some Perspectives from the World Bank Lecture 1 The Rule of Law in the World.
Development and Transfer of Technologies UNFCCC Expert Workshop On Technology Information Technology Transfer Network and Matchmaking Systems: a LA & C.
International Investment Treaties in South America November, 2008.
The Impact of the TTIP on Europe’s Investment Arbitration Architecture Dr. Roland Kläger10. DAJV Fachgruppentag - 21 March 2014.
© 2010 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.
1 FDI in the Energy Sector: Challenges for IIA negotiators Dr. Joachim KARL Chief, Investment Policy Research Section UNCTAD Workshop on the Role of Intergovernmental.
Hitotsubashi – UBC: Presentation to the Canadian embassy in Tokyo.
Werner Corrales-Leal UNCTAD-UNDP Global Programme on Globalization, Liberalization and Sustainable Human Development Marrakech, April 2004 DEVELOPING LOCAL.
Investment Treaty Forum Twelfth ITF Public Conference Investment Treaties at 50: Host State Perspective 15 May 2009 Developing country challenges in negotiating,
Dr. Nguyen Dinh Cung President, Central Institute for Economic Management.
Program for the Integration of the Northeastern Region of Mexico and its integration with Texas Government of Nuevo León´s State Corporation of Strategic.
REVIVING INVESTMENT IN THE MENA REGION 6 December 2011 Alexander Böhmer, Head, MENA-OECD Investment Programme.
1. Main types: 1. Formal International and Supranational Organizations -WTO: the world trade agreements provide for binding obligations of the Member.
The Role of Peer Review in a Multilateral Framework on Competition Policy Andrea Bruce Investment Trade Policy UNCTAD Regional Seminar for Latin America.
1 This project is co-financed by the European Union STATUS OF RENEWABLE ENERGY IN THE MEDITERRANEAN AND CURRENT CHALLENGES; MedReg Perspective By Prof.
Draft Law on Public Private Partnerships (PPP’s) And Incentives for Foreign Investment.
Welcome To Invest in Timor-Leste
PUA Annual Conference The Energy Charter Jerusalem 30 November 2015 Ernesto Bonafé Regulatory expert Energy Charter Secretariat.
INTERNATIONAL INVESTMENT AGREEMENTS AND INVESTOR-STATE ARBITRATION LECTURE 1. IIAs: types, features and trends Sergey Ripinsky International Investment.
The dti Striving for a growing economy that benefits all Presentation to the Joint Budget Committee 2 November 2005.
 Sanket Wajge : Co-ordination, Preparation of Final Document & PPT  Rajendra Kelkar : Introductory Info, Assistance in preparing Final document  Rahul.
The form of foreign economic activities in Tajikistan Prepared by Dzhumaev Toh 3-rd course.
EU Trade Policy. Pattern of trade: facts The role of EU in international trade EU More than 20% of the overall trade flows done by it. Second importerFirst.
International Network Of Basin Organizations topic 3.1: “Basin Management and Transboundary Cooperation”. Operational tools  Long term basin management.
WAN WADRINA WAN ABDUL WAHAB MINISTRY OF INTERNATIONAL TRADE AND INDUSTRY MALAYSIA RCEP 1 IMPACT ON EAST ASIA INVESTMENT.
REPUBLIC OF TURKEY PRIME MINISTRY Investment Support and Promotion Agency of Turkey ISPAT Ahmet Burak Daglioglu
International Investment Agreements: Recent Trends in Investor-State Case Law and Treaty Negotiation Roberto Echandi Taipei, March, 2011 Introduction and.
International Investment Law (12) ZHANG Jiao
International Investment Agreements: Recent Trends in Investor-State Case Law and Treaty Negotiation Roberto Echandi Taipei, March, 2011 New Trends in.
PACER Plus: Investment Sixth Non-State Actors (NSA) Dialogue Workshop on PACER Plus Nadi, Fiji July 2016.
WTO 2015 Public Forum FABRIZIO SARDELLI PANZINI INTERNATIONAL NEGOTIATIONS UNIT NATIONAL CONFEDERATION OF INDUSTRY BRAZIL - CNI GENEVA, 1ST OF OCTOBER,
Legal Aspects Related to Brownfield Regeneration
FAVORABLE BUSINESS ENVIRONMENT AN INCREASING POTENTIAL FOR TRADE AND INVESTMENTS IN ENERGY SECTOR ATHENS 8-9 OCTOBER 2008.
Ukrainian National Committee of the International Chamber of Commerce
The G20 Should Initiate a Multilateral Investment Agreement
Tax Policy, Investment and ECOWAS Economic Integration
What Does it Mean for UN/CEFACT ?
ASEAN Economic Community and Cambodian Entrepreneurs
MONETARY POLICY Definition:
The G20 Should Initiate a Multilateral Investment Agreement
The World Trade Organization’s Fuzzy Borders”
Aid for Trade Concepts, Categories, Commitments
Presentation transcript:

Ecuadorian IIA policy: a complex and dynamic process Dr. Gustavo Guerra B. This presentation does not reflect the official position of Ecuadorian government. It is a part of an interinstitutional work in progress.

Background and facts ….international trends Presidential Commission for Analysis of International Treaties on Investment and Double Taxation (2003): 7 public entities + private representative. New BIT model (2004 – 2009) Presidential decision: suspend any negotiation and evaluate to denounce all or some treaties. (2007) Ecuador submitted a reservation to ICSID: investment controversies on non renewable resources. (2008) Ecuador denounced 9 BITS and announced renegotiations with the rest of treaty partners. (2008)

Regulatory reform BITS do not works as substitute for institutional quality or economic conditions. New constitutional frame: Priority of national investment over foreign investment New rules on sovereignty over strategic resources (mineral, oil) and special sectors (water, telecommunications) International dispute resolution limitation: only regional forums.

Guidelines Systemic re approach to international policy: investment is a economic policy issue. Development dimension of investment (both national and FDI). To foster Productive investment Priority to linkages between economic integration and commercial relationship (first trade later investment flows) Pragmatic decision: economic evaluation of role of BITs (econometric mechanisms). Conclusion: A new strategic scheme.

Alternative approach Previous measure: national legal framework will offer protection and other guarantees to investment. Depending on each selected partner: Economic Promotion Agreements Trade Promotion Agreements: investment chapter Bilateral Investment PROMOTION Treaties …a BIT

Themes of the proposal Components: Market access (WTO rules), national treatment to investors Administrative facilitation Transparency rules Promotion of national investment incentives and other programs. Institutional cooperation framework: bilateral investment commission.