On the Way of New Technology – Investment Facilitation Agreement

6 Baku St. U. L.Rev. 92 (2020)
Article language: English.

It should be noted that, following the establishment of the Working Group on Trade and Investment (WGTI), the key debate was on the exact description of the investment in the World Trade Organization (WTO). When it comes to the need for foreign investment, it is clear that it was an opportunity for workers to increase exports, to grow the economy, and to succeed in Sustainable Development Goals (SDGs) and Member States that were against such foreign investment to gather and lift the multilateral investment problem and call it investment facilitation. In contrast to the full clarification on the meaning of trade facilitation, investment facilitation is a wider term that is not well defined and confused with investment promotion. Therefore, the article discusses, on the one hand, the initial data on Investment Facilitation – scope, principles, its importance to the WTO, and, on the other hand, the proposed model Investment Facilitation Agreement and the proposals and views of some international organizations and states. As a result, the advantages and disadvantages of Investment Facilitation Agreement are noted.

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