Appri’s and Brazil’s new regulatory model

New features and challenges of the dispute settlement clause in ACFI’s

Authors

  • Dávila Teresa de Galiza Fernandes Luppi , , , , , Universidade Federal da Paraíb. Brasil

DOI:

https://doi.org/10.20318/cdt.2024.8419

Keywords:

APPRI, ACFI, Brazil, Dispute settlement clause, Arbitration

Abstract

The purpose of this article is to look at the formation process of the Agreements for the Promotion and Reciprocal Protection of Foreign Investments (APPRIs), comparing them with the new model of the Investment Cooperation and Facilitation Agreement (ACFI) created by Brazil in 2015, especially with regard to the peculiarities of the dispute settlement clause. The ACFI, as an alternative model in the scenario of reforms to the traditional international investment protection system, prioritised institutional governance mechanisms for cooperation and dispute resolution, focusing on dispute prevention bodies and excluding investor-state arbitration. The question is whether this choice represents progress or an anachronism in the current panorama of International Investment Law.

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Published

2024-02-28

Issue

Vol. 16 No. 1 (2024)

Section

Estudios

License

Se permite que los autores de los trabajos de investigación publicados en la Revista los reproduzcan en otros sitios siempre que se haga mención de que han sido previamente publicados en Cuadernos de Derecho Transnacional (CDT).

How to Cite

Appri’s and Brazil’s new regulatory model: New features and challenges of the dispute settlement clause in ACFI’s. (2024). CUADERNOS DE DERECHO TRANSNACIONAL, 16(1), 174-191. https://doi.org/10.20318/cdt.2024.8419