Composing an Investment Chapter of the Korea-China-Japan FTA: A Quest for Better International Investment Governance?
The Korea-China-Japan Investment Promotion, Facilitation and Protection Agreement is the first treaty in the economic field that binds the three Northeast Asian countries together under a single legal instrument. The existence of effective dispute-settlement procedures under the treaty will contribu...
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Format: | Article |
Language: | English |
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Emerald Publishing
2015-08-01
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Series: | Journal of International Logistics and Trade |
Online Access: | https://www.emerald.com/insight/content/doi/10.24006/jilt.2015.13.2.71/full/pdf |
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author | Won-Mog Choi |
author_facet | Won-Mog Choi |
author_sort | Won-Mog Choi |
collection | DOAJ |
description | The Korea-China-Japan Investment Promotion, Facilitation and Protection Agreement is the first treaty in the economic field that binds the three Northeast Asian countries together under a single legal instrument. The existence of effective dispute-settlement procedures under the treaty will contribute to the creation of a favourable investment climate in the host country. Nevertheless, there have been fears about frivolous or vexatious claims that could inhibit legitimate regulatory actions by governments. How to compose an investment chapter of the Korea-China-Japan FTA that is being negotiated is a pressing demand for all in the region. Any pertinent answers to such a quest require a thorough comparison of the benefits and drawbacks of any development of relevant rules and governance. In the end, a quest for better international investment governance in Northeast Asia in the future requires sound evaluation of lessons from the past and present. |
first_indexed | 2024-03-11T06:34:48Z |
format | Article |
id | doaj.art-46971d450b92415cac025d265549ab57 |
institution | Directory Open Access Journal |
issn | 1738-2122 2508-7592 |
language | English |
last_indexed | 2024-03-11T06:34:48Z |
publishDate | 2015-08-01 |
publisher | Emerald Publishing |
record_format | Article |
series | Journal of International Logistics and Trade |
spelling | doaj.art-46971d450b92415cac025d265549ab572023-11-17T10:58:32ZengEmerald PublishingJournal of International Logistics and Trade1738-21222508-75922015-08-01132719010.24006/jilt.2015.13.2.71Composing an Investment Chapter of the Korea-China-Japan FTA: A Quest for Better International Investment Governance?Won-Mog Choi0Law School, EwhaWomans University, Seoul, KoreaThe Korea-China-Japan Investment Promotion, Facilitation and Protection Agreement is the first treaty in the economic field that binds the three Northeast Asian countries together under a single legal instrument. The existence of effective dispute-settlement procedures under the treaty will contribute to the creation of a favourable investment climate in the host country. Nevertheless, there have been fears about frivolous or vexatious claims that could inhibit legitimate regulatory actions by governments. How to compose an investment chapter of the Korea-China-Japan FTA that is being negotiated is a pressing demand for all in the region. Any pertinent answers to such a quest require a thorough comparison of the benefits and drawbacks of any development of relevant rules and governance. In the end, a quest for better international investment governance in Northeast Asia in the future requires sound evaluation of lessons from the past and present.https://www.emerald.com/insight/content/doi/10.24006/jilt.2015.13.2.71/full/pdf |
spellingShingle | Won-Mog Choi Composing an Investment Chapter of the Korea-China-Japan FTA: A Quest for Better International Investment Governance? Journal of International Logistics and Trade |
title | Composing an Investment Chapter of the Korea-China-Japan FTA: A Quest for Better International Investment Governance? |
title_full | Composing an Investment Chapter of the Korea-China-Japan FTA: A Quest for Better International Investment Governance? |
title_fullStr | Composing an Investment Chapter of the Korea-China-Japan FTA: A Quest for Better International Investment Governance? |
title_full_unstemmed | Composing an Investment Chapter of the Korea-China-Japan FTA: A Quest for Better International Investment Governance? |
title_short | Composing an Investment Chapter of the Korea-China-Japan FTA: A Quest for Better International Investment Governance? |
title_sort | composing an investment chapter of the korea china japan fta a quest for better international investment governance |
url | https://www.emerald.com/insight/content/doi/10.24006/jilt.2015.13.2.71/full/pdf |
work_keys_str_mv | AT wonmogchoi composinganinvestmentchapterofthekoreachinajapanftaaquestforbetterinternationalinvestmentgovernance |