Strengthening the Global Trade and Investment System for Sustainable Development
G20 Guiding Principles for Global Investment Policymaking

Rodrigo Polanco Lazo – Assistant Professor of International Economic Law at the Universidad de Chile and Researcher at the World Trade Institute (University of Bern)

The objective of this research is to map the international investment agreements (IIAs) concluded by the Group of Twenty (G20) countries, examining whether there is a common thread between those countries with respect to investment protection and especially the G20 Guiding Principles for Global Investment Policymaking. For that purpose, the most important provisions on investment protection were examined in all available IIAs across all G20 countries. These include the scope and definition of investment and investors; the existence of establishment or pre-establishment commitments; standards of treatment and their limitations; and the main standards of protection, like expropriation, transfers, and umbrella clauses. Finally, we examined the presence of investor-state dispute settlement (ISDS) provisions and their limitations. At the same time, we mapped the presence of the Guiding Principles for Global Investment Policymaking in existing IIAs concluded by G20 countries.

This paper has been produced under the E15initiative (E15). Implemented jointly by the International Centre for Trade and Sustainable Development (ICTSD) and the World Economic Forum, the E15 convenes world-class experts and institutions to generate strategic analysis and recommendations for government, business, and civil society geared towards strengthening the global trade and investment system for sustainable development.