Moving the G20's Investment Agenda Forward

Policy Brief prepared by the T20 Task Force on Trade, Investment and Tax Cooperation, May 2018

9 Pages Posted: 28 Jun 2018

See all articles by Axel Berger

Axel Berger

German Development Institute / Deutsches Institut für Entwicklungspolitik (DIE)

Karl P. Sauvant

Columbia University - Columbia Center on Sustainable Investment

Silvia Karina Fiezzoni

Universidad Catolica Argentina; The Argentine Council for International Relations (CARI)

Rodrigo Polanco

University of Chile - Faculty of Law; World Trade Institute - University of Bern

Matthew Stephenson

Graduate Institute of International and Development Studies (IHEID)

Akihiko Tamura

National Graduate Institute for Policy Studies (GRIPS)

Pavel Trunin

Gaidar Institute for Economic Policy

Date Written: May 1, 2018

Abstract

This Policy Brief argues that investment policies should be a core item on the agenda of the G20 and its Trade and Investment Working Group in particular. Specifically:

The G20 should continue its important work on international investment policy reform and initiate steps to operationalize the Guiding Principles for Global Investment Policymaking. More specifically, the G20 should initiate a gap and trend analysis of the contents of international investment agreements in light of the Guiding Principles; operationalize the Guiding Principles by drafting annotations; initiate a voluntary peer learning mechanism among G20 countries regarding the use of the Guiding Principles; and invite UNCITRAL and ICSID to report on progress with regard to reforms of procedural rules.

The G20 should support ongoing WTO discussions on investment facilitation. More specifically, the G20 should stress that a future plurilateral investment facilitation agreement needs to be compatible with the most-favored-nation principle; suggest that investment facilitation discussions aim not only at facilitating more FDI, but sustainable FDI; adopt Guiding Principles for Global Investment Facilitation to provide overall guidance; and encourage the extension of existing aid-for-trade initiatives to investment.

The Think20 (T20) is a network of research institutes and think tanks from the G20 countries. The T20 provides research-based policy advice to the G20, facilitates interaction among its members and the policy community, and communicates with the broader public about issues of global importance.

Suggested Citation

Berger, Axel and Sauvant, Karl P. and Fiezzoni, Silvia Karina and Polanco Lazo, Rodrigo and Stephenson, Matthew and Tamura, Akihiko and Trunin, Pavel, Moving the G20's Investment Agenda Forward (May 1, 2018). Policy Brief prepared by the T20 Task Force on Trade, Investment and Tax Cooperation, May 2018 . Available at SSRN: https://ssrn.com/abstract=3195114

Axel Berger

German Development Institute / Deutsches Institut für Entwicklungspolitik (DIE) ( email )

Tulpenfeld 6
Bonn, 53113
Germany

HOME PAGE: http://www.die-gdi.de

Karl P. Sauvant (Contact Author)

Columbia University - Columbia Center on Sustainable Investment ( email )

Columbia Law School
435 W 116th Street
New York, NY 10027
United States

HOME PAGE: https://works.bepress.com/karl_sauvant/388/

Silvia Karina Fiezzoni

Universidad Catolica Argentina ( email )

Argentina

The Argentine Council for International Relations (CARI) ( email )

Argentina

Rodrigo Polanco Lazo

University of Chile - Faculty of Law ( email )

Avda. Santa María 076 Piso 4
Providencia, Santiago
Chile, Santiago
Chile

HOME PAGE: http://www.derecho.uchile.cl

World Trade Institute - University of Bern ( email )

Hallerstrasse 6/8
Berne, CH-3012
Switzerland

HOME PAGE: http://www.wti.org

Matthew Stephenson

Graduate Institute of International and Development Studies (IHEID) ( email )

PO Box 136
Geneva, CH-1211
Switzerland

Akihiko Tamura

National Graduate Institute for Policy Studies (GRIPS) ( email )

7-22-1 Roppongi, Minato-Ku
Tokyo 106-8677, Tokyo 106-8677
Japan

Pavel Trunin

Gaidar Institute for Economic Policy ( email )

Gazetny pereulok, 3-5
Moscow, 125993
Russia

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