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A Testimony from the Global South

  • Fabio Morosini

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1 See José E. Alvarez, Is the Trans-Pacific Partnership's Investment Chapter the New “Gold Standard”? (Institute for International Law and Justice, Working Paper 2016/3 (MegaReg Series)), available at https://wp.nyu.edu/megareg/wp-content/uploads/sites/3134/2016/03/Alvarez_IILJ-MegaReg_2016-3.pdf.

2 Public Statement on the International Investment Regime (Aug. 31, 2010), available at http://www.osgoode.yorku.ca/public-statement-international-investment-regime-31-august-2010. See also Letter from Alliance for Justice to Mitch McConnell, Senate Majority Leader, Harry Reid, Senate Minority Leader, John Boehner, Speaker of the House, Nancy Pelosi, House Minority Leader, and Michael Froman, United States Trade Representative, available at http://www.afj.org/wp-content/uploads/2015/03/ISDS-Letter-3.11.pdf. But see Open Letter from International Law Experts to Mitch McConnell, Senate Majority Leader, Harry Reid, Senate Minority Leader, John Boehner, Speaker of the House, Nancy Pelosi, House Minority Leader, and Michael Froman, United States Trade Representative (Apr. 7, 2015), available at https://www.mcgill.ca/fortier-chair/isds-open-letter#_ftn1.

3 United Nations Conference on Trade and Development, International Investment Agreement Issues Note No. 1: Taking Stock of IIA Reform, 5 (Mar. 2016), available at http://unctad.org/en/PublicationsLibrary/webdiaepcb2016d1_en.pdf.

4 Id. at 8.

5 See generally Campello, Daniela & Lemos, Leany, The Nonratification of Bilateral Investment Treaties in Brazil: A Story of Conflict in a Land of Cooperation., Rev. Int'l Pol. Econ. 1 (2015).

6 Fabio Morosini & Michelle Ratton Sanchez Badin, The Brazilian Agreement on Cooperation and Facilitation of Investment (ACFI): A New Formula for International Investment Agreements?, Inv. Treaty News (2015).

7 The texts to the agreements are available for consultation at UNCTAD's international investment agreements database, http://investmentpolicyhub.unctad.org/IIA/CountryBits/27#iiaInnerMenu.

8 Cooperation and Investment Facilitation Agreement Between Brazil and Chile, Art. 25 (Nov. 23, 2015).

9 Fabio Morosini & Ely Caetano Xavier Junior, Regulaçdo do Investimento Estrangeiro Direto no Brasil: Da Resistência aos Tratados Bilaterais de Investimento à Emergência de um Novo Modelo, 12(2) Revista de Direito Internacional 400, 428 (2015), available at http://www.publicacoesacademicas.uniceub.br/index.php/rdi/article/view/3586/pdf.

10 Cooperation and Investment Facilitation Agreement Between Brazil and Malawi, Art. 4 (2015).

11 Id. Art. 13.3.c.

12 CIFA Between Brazil and Chile, supra note 8, Art. 24.3.g.

13 Id. Art. 25; CIFA Between Brazil and Malawi, supra note 10, Art. 13.6.

14 See, e.g., CIFA Between Brazil and Malawi, supra note 10, Art. 13.6 (“If the dispute cannot be resolved, the Parties to the exclusion of the investors may resort to arbitration mechanisms between States, which needs to be agreed upon by the Joint Committee, whenever the Parties find it appropriate.”).

A Testimony from the Global South

  • Fabio Morosini

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