본문 바로가기 주메뉴 바로가기
kiep logo

Contents

Citation

Citation
No Title

Abstract

Korea is about to take part in the MAI (Multilateral Agreement on Investment) and sign the Korea-US investment agreement and so on. One major way to testify the possible trade dissensions we might face under these agreements is to observe the dissension cases under the NAFTA investment agreement which is similar to these agreements. The problems which found in NAFTA dissension cases, such as the discordant standing points among sections, the relationship between the central government and local governments, the coherence of the policies and the unreasonable domestic regulations are also our problems. The dissensions causing by the oversea investors might blemish the image of the country which attracts investments. The most ideal way is to prevent the dissensions. If it happened, it should be solved in a friendly way. This thesis discussed the grievance machinery or trouble shooter which was recently added into the investment promotion act and the effective operation of the foreign investment committee.

JEL classification: F42, F52, F54

Keywords

NAFTA, MAI

Language

Korean

References

  1. Kim, K. 1996. “International Framework on Investment Protection: The BIT and MAI,” Policy Analyses 97-13, Seoul: Korea Institute for International Economic Policy. (in Korean)
  2. Kim, K. 1997. “The multilateral Agreement on Investment: Implications and Policy Recommendations,” Journal of East Asian Economic Integration, vol. 1, no, 1. pp. 45-80, Seoul: Korea Institute for International Economic Policy. (in Korean)
  3. Kim, K. 1996. “Bilateral Investment Treaties of the United States: Implication and prospects of the BIT between Korea and the U.S.,” Working paper 98-03, Seoul: Korea Institute for International Economic Policy. (in Korean)
  4. Korea International Trade Association. 1992. North American Free Trade Agreement. November, Seoul: Korea International Trade Association. (in Korean)
  5. Korea Institute for International Economic Policy and Ministry of Strategy and Finance. 1998. The Draft Bill on Foreign Investment Promotion Act. (in Korean)
  6. Dolzer, R. and M. Stevens. 1995. Bilateral Investment Treaties. ICSID. Norwell, MA, U.S.A. : Sold and distributed in the U.S.A. and Canada by Kluwer Academic Publishers
  7. OECD. 1998. 5. Multilateral Agreement on Investment: Consolidated Text and Commentary.
  8. U.N. 1996. World Investment Report.
  9. Sornarajah, M. 1994. The International Law on Foreign Investment. New York : Cambridge University Press