Agreements On Trade And Investment

The forward-looking reform of the IIA is underway. All contracts concluded in 2018 include several reforms that are in line with either UNCTAD`s reform package for the international investment regime or UNCTAD`s investment policy framework for sustainable development. Modern contracts often involve a sustainable focus on development, maintaining regulatory space, and improvements or omissions in investment dispute resolution. The most common area of reform is the maintenance of regulatory space. Some recent models of IIAs or treaties also contain explicit references to equality between women and men. Almost all known cases of ISDS so far are based on investment contracts of the older generation. To date, 117 countries have been surveyed on one or more ISDS claims. The General Agreement on Tariffs and Trade (GATT) is a legally valid agreement between many countries, the general objective of which was to promote international trade through the removal or elimination of barriers to trade such as tariffs or quotas. . . .