APEC together with UNCTAD organised an ‘Intensive Training Course on International Agreements in the APEC Region’, from 7-11 March 2011, in Lima, Peru. The objective was to expose Government officials by providing a better understanding on the elements and latest developments regarding International Investment Agreements (IIAs). Speakers included representatives from UNCTAD, National University of Singapore and University of Mexico.
Key issues discussed included:
• trends and emerging issues in considering engagement in an IIA;
• various approaches on drafting of an IIA;
• management and prevention of disputes;
• alternatives to arbitration and possibilities for amicable settlement of disputes; and
• analysis on recent treaty practices.
Malaysia also participated in two sets of simulation exercises of negotiating a high-standard IIA from the perspective of a developing and developed nation. Participation in this course has provided policy makers and negotiators including Malaysia a better understanding on various provisions in an IIA.
Note: This article has been adapted from the MITI Weekly Bulletin Vol.135, 29 March 2011
Key issues discussed included:
• trends and emerging issues in considering engagement in an IIA;
• various approaches on drafting of an IIA;
• management and prevention of disputes;
• alternatives to arbitration and possibilities for amicable settlement of disputes; and
• analysis on recent treaty practices.
Malaysia also participated in two sets of simulation exercises of negotiating a high-standard IIA from the perspective of a developing and developed nation. Participation in this course has provided policy makers and negotiators including Malaysia a better understanding on various provisions in an IIA.
Note: This article has been adapted from the MITI Weekly Bulletin Vol.135, 29 March 2011