We use cookies on this website to give you a better user experience. By continuing to browse the site, you are agreeing to our use of cookies. Learn more

The Investment Chapter in the Regional Comprehensive Economic Partnership: Enhanced Rules without Enforcement Mechanism

The Investment Chapter in the Regional Comprehensive Economic Partnership: Enhanced Rules without Enforcement Mechanism
Date:
14 September 2022
Editors:
Henry Gao
Tags:
RCEP, Trade, Investment, FTAs

Print Article:

This paper examines the legal rules in the investment chapter in the Regional Comprehensive Economic Partnership (RCEP). It starts with an overview and summary of the main provisions in the chapter, followed by an assessment of the rules by comparing established free trade agreements (FTAs), especially the Comprehensive and Progressive Trans-Pacific Partnership. In particular, it notes that the chapter, whilst largely following the established approaches to investment in other FTAs, also includes important twists to the common rules to favour the host states. The last part discusses the conspicuous absence of an investor–state dispute settlement mechanism, its pros and cons, and wider implications on regional integration, then concludes with some thoughts on future developments.

The Investment Chapter in the Regional Comprehensive Economic Partnership: Enhanced Rules without Enforcement Mechanism

Search ERIA.org

Latest Multimedia

Indonesia's ASEAN Chairmanship 2023 High-Level Policy Dialogue: ASEAN Digital Community 2045

ERIA Knowledge Lab Discusses Scaling Up Innovation and Digital Technology Ecosystem

Is ASEAN Ready for Electric Vehicles? | ASEAN Insights Podcast

Related Articles

free trade agreement, Trade, Mega-lateral Free Trade Agreements, RCEP, CPTPP
15 August 2022
Editor(s)/Author(s): Innwon Park
This study evaluates the desirability of RCEP by comparing it with other mega-lateral FTAs. Evaluating the member-specific scale effects of the[...]
5 December 2016
Editor(s)/Author(s): Fukunari Kimura, Lurong Chen
 As mega free trade agreements (FTAs) are reshaping the rules of global governance, there is urgency for member states of the[...]

A PHP Error was encountered

Severity: Core Warning

Message: PHP Startup: Unable to load dynamic library 'php_fileinfo.dll' (tried: /opt/plesk/php/7.4/lib/php/modules/php_fileinfo.dll (/opt/plesk/php/7.4/lib/php/modules/php_fileinfo.dll: cannot open shared object file: No such file or directory), /opt/plesk/php/7.4/lib/php/modules/php_fileinfo.dll.so (/opt/plesk/php/7.4/lib/php/modules/php_fileinfo.dll.so: cannot open shared object file: No such file or directory))

Filename: Unknown

Line Number: 0

Backtrace: