文档介绍：POLICY PAPER
DOCUMENT DE POLITIQUE
DOCUMENTO DE POLÍTICA
FPP-05-01
The Emerging Foreign Investment Regime in the Americas
Paul Alexander Haslam
EXECUTIVE SUMMARY
Despite the setbacks encountered in the negotiation of multilateral foreign investment rules at the World
anization and Free Trade Area of the Americas talks, there is still a framework of rules governing
investment emerging in the Americas. Although plete and embryonic, the emerging foreign
investment regime is defined by the existing multi-layered patchwork of primarily bilateral investment
agreements and investment chapters of free trade agreements. But, the shift from negotiating
investment rules in a regional or multilateral forum to a predominantly bilateral one is likely to have
consequences for the character of that investment regime. This paper examines the nature of this
emerging foreign investment regime in the Americas. It begins by discussing the state of the global and
hemispheric negotiations on investment rules, and the position of two of the hemisphere's most
important players, the United States and Brazil, on this issue. The nature of the investment regime desired
by both players is then examined through an analysis of the bilateral investment agreements concluded by
both with their Latin American partners.
RÉSUMÉ
Malgré les revers essuyés dans la négociation des règles multilatérales de l'investissement étranger à
anisation mondiale merce et dans les pourparlers de la Zone de libre-échange des Amériques,
un cadre de réglementation de l'investissement ne s'en dessine pas moins dans les Amériques. Quoique
plet et embryonnaire, le nouveau régime de l'investissement étranger est défini par une mosaïque
d'accords sur l'investissement avant tout bilatéraux et par les chapitres des accords de libre-échange
consacrés au sujet. Cependant, le passage de la négociation de règles d'investissement dans une instance
régionale ou multilatérale à une instance principalement