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PART VI REGIONAL ASPECTS OF INVESTMENT PROTECTION, 30 INVESTMENT RULES IN REGIONAL INTEGRATION AGREEMENTS IN LATIN AMERICA: THE CASE OF THE ANDEAN PACT/ANDEAN COMMUNITY

Waldemar Hummer

From: International Investment Law for the 21st Century: Essays in Honour of Christoph Schreuer

Edited By: Christina Binder, Ursula Kriebaum, August Reinisch, Stephan Wittich

From: Oxford Public International Law (http://opil.ouplaw.com). (c) Oxford University Press, 2021. All Rights Reserved.date: 05 May 2021

Latin American countries rank among those that have displayed the greatest amount of rule-making activism towards foreign direct investment in recent decades.1 The globalisation of the world economy and the internationalisation of production have shown that investment has also become a complement to trade.2 Although a supranational business organisation is a desired instrument for regional investors, the Andean Multinational Enterprises regime is unsustainable, unattractive, and limited in its current terms.3 Historically, Latin American countries have been...
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