Columbia International Affairs Online: Policy Briefs

CIAO DATE: 10/2013

Are trade-law inspired investment rules desirable?

Marino Baldi

September 2013

Columbia Center on Sustainable Investment

Abstract

While bilateral investment treaties have traditionally focused on investment protection, modern investment agreements have increasingly included rules on liberalization and development, such as sustainable investment. Given the complexities of negotiating all these elements under one instrument, we should consider a multiple-instruments solution.