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The scope of the agreement is defined in Article 1, which stipulates that the agreement applies only to investment measures related to trade in goods. Therefore, the TRIMs agreement does not apply to services. According to Sergio Marchi, a supporter of the MAI, who was Canada`s Minister of International Trade at the time, one of the main objectives of the agreement was to eliminate the “patchwork” of investment rules enshrined in the more than 1,300 bilateral investment agreements of the time. Contrary to much criticism, he argued that the MAI would help prevent a “race to the bottom” that would undermine the high standards of Canadian regulation. [9] Specifically, the OECD supports the International Investment and Multinational Enterprises Statement and the OECD guidelines for multinational enterprises, which were last revised in 2011. In addition, since May 2006, the OECD has encouraged a non-binding series of “good practices” for attracting investment known as the “investment policy framework” (PFI). [41] The MAI has been supported by both the OECD Business and Industry Advisory Committee (BIAC) and the OECD Trade Union Advisory Committee (TUAC). While BIAC was interested in a stable and consistent treatment of investments, TUAC was interested in setting standards for employment and labour relations. [6] The number of bilateral investment agreements increased rapidly during the 1990s.

to the extent that countries and investors sought to strengthen security regulations, security and mobility of their investments, after it became clear that the Uruguay Round Agreement on Trade-Related Investment Measures (TRIMS), the Trade-Related Intellectual Property Rights (ADPIC) Agreement and the General Trade in Services Agreement (GATS) only took into account some of the investment-related concerns and that investors were not sufficiently secure or strong controls of multinationals. regulation. [6] In addition to these instruments, the World Bank adopted guidelines in 1992 for the treatment of foreign direct investment. [7] In 1994, the Energy Charter Treaty set an example of a multilateral investment agreement, but limited to the energy sector. In approving the negotiations, the OECD Council of Ministers set itself the goal of achieving a “broad multilateral framework for international investment, with high standards for the liberalisation of investment regimes and the protection of investment and effective dispute resolution procedures.” [6] The aim was to create more harmonised, secure and stable investment conditions and to regulate investments in a more coherent, transparent and enforceable manner. Although the agreement is negotiated between Member States, an open agreement should be concluded to which non-OECD members can join on a negotiating basis. [3] The Trade-Investment Relations Working Group was established at the Singapore Ministerial Conference in 1996 to examine the relationship between trade and investment. There are no negotiations on new rules or commitments. Brief information on trade and investment within the WTO Links to the Trade and Investment Division of the WTO Guide to the WTO Agreement.

Overview of GATS and Rules for Growth and Investment Links to the GATS section and the rules for growth and investment in the WTO Guide. In Montreal, on May 25, 1998, the Montreal Conference on Global economies was blocked for five hours by hundreds of Activists of Operation SalAMI,[28] on the basis of the French acronym for the proposed agreement, AMI, not only for sausage, but also for a “dirty friend”.