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AuthorUnited Nations Conference on Trade and Development
TitleInternational Investment Agreements: Concepts Allowing for a Certain Flexibility in the Interest of Promoting Growth and Development
Imprint Geneva, United Nations. 1999
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Descript 27 p


Abstract: The countries covered by international investment agreements are often at widely differing levels of economic and technological development and differ from one another in many other important respects. In the case of agreements that involve developing countries, in particular, it is generally accepted that the promotion of economic and social development is an essential goal. One of the challenges facing countries is therefore ensuring that international investment agreements are sufficiently flexible to serve, in addition to the specific objectives of each instrument, the development needs of developing countries. Flexibility may be reflected in agreements in a number of ways, for instance, by stating explicit development objectives, by establishing appropriate priorities, by structuring an agreement in an appropriate manner, by shaping the substantive provisions so as to serve development aims, by allowing exceptions or by providing for differentiation in the contents or timing of the rights and obligations of the parties on the basis of their respective levels of development

International Institute for Trade and Developement : UNCTAD CollectionTD/B/COM.2/EM.5/2CHECK SHELVES

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