BITs represent foreign trade policy shift for Brazil
Brazil's new treaties with Angola and Mozambique may represent a new model for Brazil and emerging markets more broadly
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In this article
- Familiar features
- 'Investment' definition
- National treatment standard
- Most-favoured nation (MFN) provisions
- Compensation
- Novel features
- Formal institutional governance mechanism
- No investor-state arbitration
- Private sector and civil society engagement
- Corporate social responsibility
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_350.jpg "WTO Director-General Roberto Azevedo with Brazilian ministers Mauro Vieira and Armando Monteiro (Reuters/Ueslei Marcelino)")