Abstract
[Extract]
In September 1995, member countries of the Organization for Economic Cooperation and Development (OECD) began negotiating a comprehensive multilateral agreement to promote and protect investment, known as the Multilateral Agreement on Investment (MAI).' The goal is to reach an agreement by May 1998. Some non-OECD members (Argentina, Brazil, Chile, Hong Kong-China, and Slovakia) became observers in September 1997, and other non-OECD
member countries may be able to accede to the agreement after negotiations are concluded. The draft disciplines, exceptions, and dispute settlement provisions closely resemble the investment chapter in the North American Free Trade Agreement. Three issues of interest to human rights advocates are implicated in the MAI negotiations: the Helms-Burton sanctions, labor issues, and environmental protection issues
In September 1995, member countries of the Organization for Economic Cooperation and Development (OECD) began negotiating a comprehensive multilateral agreement to promote and protect investment, known as the Multilateral Agreement on Investment (MAI).' The goal is to reach an agreement by May 1998. Some non-OECD members (Argentina, Brazil, Chile, Hong Kong-China, and Slovakia) became observers in September 1997, and other non-OECD
member countries may be able to accede to the agreement after negotiations are concluded. The draft disciplines, exceptions, and dispute settlement provisions closely resemble the investment chapter in the North American Free Trade Agreement. Three issues of interest to human rights advocates are implicated in the MAI negotiations: the Helms-Burton sanctions, labor issues, and environmental protection issues
Original language | English |
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Pages (from-to) | 559-574 |
Number of pages | 16 |
Journal | International Lawyer |
Volume | 32 |
Issue number | 2 |
Publication status | Published - 1998 |
Externally published | Yes |