CPTPP and the Pacific Alliance similar investment provisions --- One of the advantages offered by both the Comprehensive and Progressive Treaty of Trans-Pacific Partnership "(CPTPP, a free trade agreement between Australia, Brunei Darussalam, Canada, Japan, Malaysia, New Zealand, Singapore and Vietnam), of which Chile, Peru and Mexico are also part, is that it incorporates provisions similar to those that can be found in the Pacific Alliance (Mexico, Peru, Chile and Colombia), since it offers investors a standard regulatory framework and an almost identical regulatory structure in terms of international investment provisions, which could translate into greater cooperation between the two blocks. Additionally, both agreements contain the controversial investor-State dispute settlement rule, which in our opinion is an important rule in international investment law that is quite efficient for the investor when making any claim.

Source author: Cecilia Treemonisha Barros Ruiz cbarros@sre.gob.mx