Regional and Multilateral Arrangements
This chapter discusses regional integration agreements (RIAs) and their role in foreign direct investment. It also assesses their compatibility with developing multilateral agreements. Regionalism represents one of the more important issues on the multilateral investment rules agenda, alongside control over subsidies, efforts to limit anti-dumping actions, and competition policy. This chapter reveals the potential for discrimination and distortions which could increase as RIAs expand in the future and the need for RIA-specific rules in multilateral agreements.
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