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Author: | Karl, J. |
Title: | Multiareal investment agreements and regional economic integration |
Journal: | Transnational Corporations
1996 : AUG, VOL. 5:2, p. 19-50 |
Index terms: | MULTINATIONAL COMPANIES INVESTMENT ECONOMIC INTEGRATION |
Language: | eng |
Abstract: | The multilateral approach towards an investment agreement raises the question whether a regional economic integration organization like the European Union would need a so called regional economic integration organization clause which would allow it to continue with its internal investment liberalization at a faster pace than with regard to European Union outsiders. Although from a purely economic point of view any discrimination against non-European Union investors could hardly be justified, there may be reasons deriving from EU law that make such different treatment necessary. |
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