International investment rulemaking is taking place at the bilateral, regional, interregional and multilateral levels. Provide comprehensive analysis on key issues arising from the complexity of the international investment regime, Explore the world's most comprehensive free database of investment treaties and model agreements. While every effort has been made to ensure accuracy, UNCTAD assumes no responsibility for eventual errors or omissions in the mapping data. Follow the latest developments in investment policies around the world. 2022International Centre for Settlement of Investment Disputes. Please cite as: UNCTAD, Mapping of IIA Content, available at https://investmentpolicy.unctad.org/international-investment-agreements/iia-mapping An interactive database of all ICSID registered cases. It also indicates when the treaties entered into force, and whether they refer to the ICSID Convention or Additional Facility arbitration and conciliation. Click on the relevant heading to expand individual sections, or click on the Expand/Collapse All button to see all mapped treaty elements. Was this helpful? 2. treaties with limited investment-related provisions (e.g. The respective buttons apply only to the tab that is currently active, i.e. Firstly, the Bilateral Investment Treaties aim at protecting investment by creating regulations so that the recipient country is not swayed or suppressed by the investors or the investing countries. It is meant to complement the analytical and technical cooperation work on bilateral investment treaties being undertaken by UNCTAD. Note: Stated number of BITs/TIPs does not include treaties that have been denounced, terminated by mutual consent or renegotiated. A Bilateral Investment Treaty is designed to ensure that U.S. investors receive national or most favored nation treatment (whichever is better) in the other signatory country. The U.S.-Albanian Bilateral Investment Treaty, which entered into force in 1998, ensures that U.S. investors receive national treatment and most-favored-nation treatment. A key point of reference for policymakers in formulating investment policies and negotiating investment agreements. It encompasses various binding and not-binding instruments and includes, for example, model agreements and draft instruments, multilateral conventions on dispute settlement and arbitration rules, documents adopted by international organisations, and others. A recurring question in contemporary economic literature is the relationship between bilateral investment treaties (BITs) and foreign investment. IIA Navigator The number of mapped treaty elements exceeds 100. (1) bilateral investment treaties and (2) treaties with investment provisions. The resulting database serves as a tool to understand trends in IIA drafting, assess the prevalence of different policy approaches and identify treaty examples. This database of IIAs the IIA Navigator is maintained by UNCTADs IIA Section. The respective buttons apply only to the tab that is currently active, i.e. International Investment Agreements Navigator, https://investmentpolicy.unctad.org/international-investment-agreements/, https://investmentpolicy.unctad.org/international-investment-agreements/iia-mapping, Project Description & Methodology document. To apply a button in both tabs, click the button in the current tab, then switch to the other tabs and click the button again. International investment agreements (IIAs) are divided into two types: Geneva, December 2000 Rubens Ricupero Secretary-General of UNCTAD Quick Links: To generate a list of treaties that satisfy a certain option under a mapped treaty element, find the element in the mapping structure and select the desired option (e.g. While every effort has been made to ensure accuracy, UNCTAD assumes no responsibility for eventual errors or omissions in the mapping data. 1. For additional information on any individual treaty, click on the treatys Short title. BITs usually are drafted in the official language(s) of one or both of the contracting states. Follow the latest developments in investment policies around the world. 5. results are combined). Services, Voting For example, selecting BITs in the Type of agreement filter and In force in the Status filter will generate a list of mapped treaties that fulfil both criteria at the same time. To view the full mapping of any individual treaty listed, click on any individual treaty name in the short title column (opens in a new tab) and scroll down to the Mapped treaty elements (click Expand / collapse all to see all elements. The World Bank Group'sInternational Centre for Settlement of Investment Disputes (ICSID) also maintains a free online Database of Bilateral Investment Treaties. Promotion and Protection of Investments. Electronic Resources, Borrow To apply an additional filter or filters, click on the Filter by country, type, status, year tab, expand the relevant filter(s) and make a selection. All Rights Reserved. It requires policymakers, negotiators, civil society and other stakeholders to be well informed about foreign direct investment, international investment agreements (IIAs) and their impact on sustainable development. Documents, Visit the Scan & Copy, Request Articles, Books & Poetna; Sungazing. only those concerning establishment of investments or free transfer of investment-related funds); and The entry point for all country specific investment policy data. The list of bilateral investment treaties is preceded by a brief introduction highlighting significant recentdevelopments. What are bilateral investment treaties (BITs) and where can I find them? to generate a list of BITs in force concluded between 2005 and 2015 whose preambles contain a reference to sustainable development). In the event of doubt regarding the correctness of mapping results, users are kindly asked to contact us via the online contact form. a free trade agreement with an investment chapter); 1. In doing so, the volume tracks attempts in international investment law to recalibrate itself towards a more Page 5/151 bilateral-investment-treaties. The IIA Mapping Project is a collaborative initiative between UNCTAD and universities worldwide to map the content of IIAs. Each mapped treaty element has a set of pre-defined mapping options to choose from. For example, a selection of Type of FET clause: FET qualified and Type of MFN clause: Post-establishment will generate a list of mapped treaties that fulfil both criteria at the same time. A Website User Guide is available to help with navigating the Treaty Collection website. Georgetown University Law Library. Note that BITsdrafted in languages other than English may not be available in English translation. The mapping of treaty provisions is not exhaustive, has no official or legal status, does not affect the rights and obligations of the contracting parties and is not intended to provide any authoritative or official legal interpretation. Key concepts Once a selection is made, the list of treaties is updated automatically, so that only treaties that correspond to the selected option are listed (the resulting number of treaties appears in the orange bar above the listed treaties, which also displays the total number of mapped treaties, e.g. It also indicates when the treaties entered into force, and whetherthey refer to the ICSID Convention or Additional Facility arbitration and conciliation. balanced, less isolated, and It is primarily built on information provided by governments on a voluntary basis. To view the full mapping of any individual treaty listed, click on any individual treaty name in the short title column (opens in a new tab) and scroll down to the Mapped treaty elements (click Expand / collapse all to see all elements. The Chairman may designate up to ten persons to each Panel. Bilateral Investment Treaties (BIT) This section covers the Bilateral Investment Treaty (BIT) between the United States and Sub-Saharan African countries. For example, a selection of Type of FET clause: FET unqualified and FET qualified will generate a list of mapped treaties that contain either type of clause. Each mapped treaty element includes the Inconclusive and Not applicable options. A Bilateral Investment Treaty is designed to ensure that U.S. investors receive national or most favored nation treatment (whichever is better) in the other signatory country. the Select mapped treaty elements tab or the Filter by country, type, status, year tab. It corresponds to the typical structure of an IIA. Background Pairs of countries have signed hundreds of Bilateral Labor Agreements (BLAs) to regulate the flow of migrants between countries. For most nations, the BIT agreement acts as the only legal framework for conducting a bilateral investment. Staff, General International investment agreements (IIAs) are divided into two types: (1) bilateral investment treaties and (2) treaties with investment provisions. For further information on the BIT program, contact the bilateral investment treaty coordinators at the Office of the U.S. Trade Representative at 202-395-4510 or the Department of State at 202-736-4906. The resulting database serves as a tool to understand trends in IIA drafting, assess the prevalence of different policy approaches and identify treaty examples. Related Links: International investment agreements (IIAs) are divided into two types: These treaties are reciprocal. In the event of doubt regarding the content of the database, it is suggested that you contact the relevant government department of the State(s) concerned. There is no requirement to use that country's domestic courts. Listed below are resourcesfor accessing thefull textsof bilateral investment treaties. Please cite as: UNCTAD, International Investment Agreements Navigator, available at https://investmentpolicy.unctad.org/international-investment-agreements/, IIA Mapping Project UNCTAD's Work Programme on International Investment Agreements (IIAs) actively assists policymakers, government officials and other IIA stakeholders to reform IIAs with a view to making them more conducive to sustainable development and inclusive growth. Database of Bilateral Investment Treaties This database is searchable by signatory States, particular treaty and year of signature. Mapping options can be of the Yes/No type or they can indicate the treaty approach more specifically (e.g. Research and policy analysis: monitoring trends, identifying key emerging issues and providing cutting-edge knowledge on IIAs from a sustainable development perspective, Links are provided to the full text, when available. The three pillars of activities Bilateral Investment Treaties (BITs) have greatly proliferated in the last two decades, and play an increasingly significant role in global trade and investment protection. . This site uses cookies to optimize functionality and give you the best possible experience. The entry point for all country specific investment policy data. Copyright - UNCTAD Division on Investment and Enterprise, International Investment Agreements Navigator, https://investmentpolicy.unctad.org/international-investment-agreements/, https://investmentpolicy.unctad.org/international-investment-agreements/iia-mapping, Project Description & Methodology document, Comprehensive Economic Partnership Agreement (CEPA) between the Government of the Republic of Indonesia and the Government of the United Arab Emirates (UAE), Indonesia - United Arab Emirates CEPA (2022), Philippines - United Arab Emirates BIT (2022), Free Trade Agreement between the United Kingdom of Great Britain and Northern Ireland and New Zealand, Comprehensive Economic Partnership Agreement (CEPA) between the Government of the Republic of India and the Government of the United Arab Emirates (UAE), Mozambique - United Arab Emirates BIT (2022), Democratic Republic of the Congo - United Arab Emirates BIT (2021), Democratic Republic of the Congo - Turkey BIT (2021), Hungary - United Arab Emirates BIT (2021), Democratic Republic of the Congo - Rwanda BIT (2021), Cameroon - United Kingdom Economic Partnership Agreement (2021), Ghana - United Kingdom Interim Trade Partnership Agreement (2021). The IIA Mapping Project is a collaborative initiative between UNCTAD and universities worldwide to map the content of IIAs. Databases Lists Multimedia Resources for Arbitrators Tables of Decisions in ICSID Cases Other Investment Treaties This list includes other treaties relevant to investment, including multilateral and bilateral free trade agreements with investment provisions. UNCTAD's Work Programme on International Investment Agreements (IIAs) actively assists policymakers, government officials and other IIA stakeholders to reform IIAs with a view to making them more conducive to sustainable development and inclusive growth. only those concerning establishment of investments or free transfer of investment-related funds); and Preamble / Reference to sustainable development / Yes). These guides may be used for educational purposes, as long as proper credit is given. The great majority of IIAs are BITs. Bilateral investment treaties (BITs) are agreements between states establishing minimum guarantees regarding the treatment of foreign investments. Yes A bilateral investment treaty (BIT) is an agreement between two countries regarding promotion and protection of investments made by investors from respective countries in each other's territory. The information and texts included in the database serve a purely informative purpose and have no official or legal status. Yet many of the multinational enterprises making those investments may not be aware of key legal protections afforded by a web of more than 2800 international agreements known as bilateral investment treaties, or BITs. Mapping options can be of the Yes/No type or they can indicate the treaty approach more specifically (e.g. View Database Database of Other Investment Treaties Individual treaties are mapped by law students from participating universities, under the supervision of their professors and with the overall guidance and coordination of UNCTAD. BITs set forth procedures for the settlement of disputes. 9, With the expansion of global trade, investment and technology over the last decades, international investment. Copyright - UNCTAD Division on Investment and Enterprise. Public, Using International investment agreements (IIAs) are divided into two types: (1) bilateral investment treaties and (2) treaties with investment provisions. Intergovernmental consensus-building: exchanging and sharing best practices and experience with the view to fostering global investment governance. As of June 10, 2012 (the date of termination), the . Develop a wide range of tools to support the formulation of more balanced international investment policies. This guide features resources on international investment law, in general, and investor-state arbitration, in particular. Please cite as: UNCTAD, International Investment Agreements Navigator, available at https://investmentpolicy.unctad.org/international-investment-agreements/, IIA Mapping Project Main goals of UNCTADs Work Programme on IIAs - The mapped treaty elements are elements of an investment treaty mapped in the course of the IIA Mapping Project. Bilateral investment treaties in maturing sectors like artificial intelligence, food processing, big data, renewable energy, aeronautics, and tourism can play a crucial role in encouraging import & export businesses in India. A bilateral investment treaty (BIT) is an agreement between two countries regarding promotion and protection of investments made by investors from respective countries in each other's territory. Cost of bilateral investment treaties By Dr Manzoor Ahmad. The ICSID Panels of Conciliators and of Arbitrators consist of designees of the ICSID Contracting States and of the Chairman of the Administrative Council. International investment agreements (IIAs) are divided into two types: (1) bilateral investment treaties and (2) treaties with investment provisions. Discover the worlds most comprehensive online database of national investment laws and regulations. 3. treaties that only contain framework clauses such as the ones on cooperation in the area of investment and/or for a mandate for future negotiations on investment issues. Sungazing Praksa. Find details on all publicly known treaty-based investor-State dispute settlement cases. For example, selecting Argentina and Austria in the Country filter will generate a list of mapped treaties signed either by Argentina or by Austria. BITs grant investors from a contracting state certain guarantees, including "fair and equitable treatment," protection from expropriation, and the free transfer of funds. No The mapping results included in the IIA Mapping Project database serve a purely informative purpose. If more than one option is selected under different additional filters, the system displays only those treaties that correspond to all of the filters/options selected. Proceedings, Linked Data 1. broad economic treaties that include obligations commonly found in BITs (e.g. Once a selection is made, the list of treaties is updated automatically, so that only treaties that correspond to the selected option are listed (the resulting number of treaties appears in the orange bar above the listed treaties, which also displays the total number of mapped treaties, e.g. 905 out of 1437 mapped treaties). Each Contracting Party shall encourage investors of the other Contracting Party to make investments in its territory and admit such investments in accordance with its . Books & More, Print, The text of any treaty listed can be accessed through the link or links in the Text column (opens in a new tab). It is primarily built on information provided by governments on a voluntary basis. ICSID also maintains a listof OtherInvestmentTreaties coveringmultilateral investment treaties and multilateral and bilateral free trade agreements with investment provisions with links to the full text of the agreements. In addition to IIAs, there also exists an open-ended category of investment-related instruments (IRIs). Explore the world's most comprehensive free database of investment treaties and model agreements. For example, selecting BITs in the Type of agreement filter and In force in the Status filter will generate a list of mapped treaties that fulfil both criteria at the same time. Sungazing. 905 out of 1437 mapped treaties). The purpose of bilateral investment treaties is to protect the investments of Belgian companies abroad against arbitrary government action. results are combined). By default, the tab shows the highest-level headings within the mapping structure. Reform the international investment agreements (IIAs) regime to enhance its sustainable development dimension, You can browse through IIAs concluded by a particular country or country grouping, view recently concluded IIAs, or use the Advanced Treaty Search for sophisticated searches tailored to your needs. To learn more about cookies, click here. the type of fair and equitable treatment clause (FET) qualified / unqualified / none etc.). Each mapped treaty element has a set of pre-defined mapping options to choose from. Find details on all publicly known treaty-based investor-State dispute settlement cases. For example, selecting Argentina and Austria in the Country filter will generate a list of mapped treaties signed either by Argentina or by Austria. This database compares 1,200 investment treaties and 200 free trade agreement (FTAs) or over 2,000 provisions. If you continue to navigate this website beyond this page, cookies will be placed on your browser. An objective evaluation of a countrys legal, regulatory and institutional framework to attract direct investments. Database of Panels of Arbitrators and of Conciliators, Database of CVs of ICSID Arbitrators, Conciliators and Ad Hoc Committee Members, Database of Bilateral Investment Treaties, Download the ICSID Convention, Regulations and Rules, Download the ICSID Additional Facility Rules and Regulations, Download the ICSID Mediation Rules and Regulations, Download the ICSID Fact-Finding Rules and Regulations, Arbitration under the Additional Facility. For more information: A bilateral investment treaty (BIT) is an agreement between two countries regarding promotion and protection of investments made by investors from respective countries in each others territory. About Member States Overview Role Member States Administrative Council Database Member States Joining ICSID Secretariat Overview Secretary General Secretariat Staff Internships Panel Arbitrators and Conciliators Overview Database Panel Members Qualifications for the Panels Designation. Sometimes the contracting states agree to draft the treaty in a neutral language, such as English. In addition, they provide investors recourse to arbitration, often under the auspices of ICSID, to resolve disputes with the host state. But unlike Bilateral Investment Treaties or Preferential Trade Agreements, BLAs have received little attention from social scientists or legal scholars. Project Description & Methodology document. If more than one option is selected under the same mapped treaty element, the system displays treaties that correspond to at least one of the options selected (i.e. The resulting database serves as a tool to understand trends in IIA drafting, assess the prevalence of different policy approaches and identify treaty examples. The Role of Bilateral Investment Treaties in Promotion of Foreign Direct Investment Inflows: Evidence from Small Open Economy rastructure and size of the economy facilitate foreign direct investment. to generate a list of BITs in force concluded between 2005 and 2015 whose preambles contain a reference to sustainable development). The mapping results included in the IIA Mapping Project database serve a purely informative purpose. Three main types of TIPs can be distinguished: In contrast, the factors that hurt the motivation of foreign investors are exchange rate volatility and political instability. These guides may not be sold. In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Bilateral Investment Treaty (BIT): An agreement between two countries providing for nondiscriminatory treatment of direct investments. - The mapping structure, displayed in the Select mapped treaty elements tab, is a table of contents that includes all of the mapped treaty elements. For example, a selection of Type of FET clause: FET unqualified and FET qualified will generate a list of mapped treaties that contain either type of clause. For further information, please contact us via the online contact form. The Law on Foreign Investment outlines specific protections for foreign investors and allows 100 percent foreign ownership of companies in all but a few sectors. - The mapped treaty elements are elements of an investment treaty mapped in the course of the IIA Mapping Project. In addition to IIAs, there also exists an open-ended category of investment-related instruments (IRIs). Library, International Investment Agreements Navigator, Database of Bilateral Investment Treaties. Thousands of bilateral investment treaties and hundreds of preferential free trade agreements with investment components have proliferated globally creating a complex international investment regime. Search or browse by party (country) or browse by year of signature. a free trade agreement with an investment chapter); Each Contracting State may designate up to four persons to each Panel. BITs set forth procedures for the settlement of disputes. The data is not exhaustive and is compiled by ICSID from public sources. Filter by country, type, status, year tab: Expand/Collapse All and Clear selection buttons: The IIA Navigator is continuously adjusted as a result of verification with, and comments from, UN Member States. Brink have to risk investment treaties create such foreign investor either in terms bits unless expressly excluded ethnic groups had no impact on why has chosen. Click on the relevant heading to expand individual sections, or click on the Expand/Collapse All button to see all mapped treaty elements. Information, Articles, Toggle The IIA Mapping Project is a collaborative initiative between UNCTAD and universities worldwide to map the content of IIAs. The category of treaties with investment provisions (TIPs) brings together various types of investment treaties that are not BITs. For more information: This database provides professional and case-related experience of arbitrators, conciliators and committee members who have served on ICSID cases or are designated to the ICSID Panels of Arbitrators and of Conciliators. Database of Bilateral Investment Treaties This database is searchable by signatory States, particular treaty and year of signature. Reform the international investment agreements (IIAs) regime to enhance its sustainable development dimension,