Author(s)
Khor, MartinEditor(s)
Eade, DeborahPublication date
1996-11-01
Metadata
Show full item recordJournal
Development in PracticeDocument type
Journal articleLanguage
EnglishDescription
The European Commission and other OECD countries would like a foreign-investment treaty (or 'multilateral investment agreement') within the World Trade Organisation (WTO). This would allow foreign companies to establish themselves with 100 per cent equity in all sectors (except security) in any WTO country; and receive 'national treatment' on a par with local firms. National policies favouring local enterprises or facilities would be deemed discriminatory, and thus illegal under WTO rules. The penalties for non-compliance with WTO agreements are extensive. This article explores the grave implications of such a treaty for developing countries, and suggests alternatives that are available to them.<p>This article is hosted by our co-publisher Taylor & Francis.</p>Pages
11ISSN
0961-4524EISSN
1364-9213ae974a485f413a2113503eed53cd6c53
10.1080/0961452961000157914