Searching for an Ideal International Investment Protection Regime for ASEAN+ Dialogue Partners (RCEP): Where Do We Begin?

Junianto James Losari

Chapter 8 in East Asian Integration (First Edition), pp 225-260 from Economic Research Institute for ASEAN and East Asia (ERIA)

Abstract: The members of the Association of Southeast Asian Nations (ASEAN) and its six dialogue partners – Australia, China, India, Japan, South Korea, and New Zealand – decided in November 2012 to launch the negotiation of a free trade agreement (FTA) amongst them, also known as the regional comprehensive economic partnership (RCEP). The scope of the agreement includes investment, despite the fact that the negotiating states already have various international investment agreements (IIAs) with each other. This article analyses how RCEP can better improve and add more value to the current regime of international investment protection within the region, by suggesting standards that should be considered by negotiators.

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