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The European Union’s Normative Power in Asia: Endogenous and Exogenous Factors of the Nascent Investment Policy

Julien Chaisse*

*Corresponding author for this work

Research output: Chapters, Conference Papers, Creative and Literary WorksRGC 12 - Chapter in an edited book (Author)peer-review

Abstract

This paper aims to provide a detailed reading of recent advances in Asian investment rule-making which provide the exogenous context in which the EU investment policy is deployed. As of April 2015, there are eight Asian partners with which the EU is negotiating new trade agreements, and this will reflect the recent changes in EU FDI competence. Indeed, the Treaty of Lisbon extended in 2009 the Common Commercial Policy to foreign direct investment. The shift from national to supranational level is a major legal development because the EU is likely to employ its significant bargaining power when negotiating IIAs to improve the said power. The output of the paper is a detailed analytical account of key dimensions of investment treaties in Asia and the potential consequences in future arbitration.
Original languageEnglish
Title of host publicationEuropean Yearbook of International Economic Law
PublisherSpringer Science and Business Media Deutschland GmbH
Pages273-314
Volume6
DOIs
Publication statusPublished - 2015
Externally publishedYes

Publication series

NameEuropean Yearbook of International Economic Law
Volume6
ISSN (Print)2364-8392
ISSN (Electronic)2364-8406

Bibliographical note

Publication details (e.g. title, author(s), publication statuses and dates) are captured on an “AS IS” and “AS AVAILABLE” basis at the time of record harvesting from the data source. Suggestions for further amendments or supplementary information can be sent to [email protected].

Research Keywords

  • Asian Development Bank
  • European Union
  • Foreign Direct Investment
  • Investment Agreement
  • Investment Treaty

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