Colombia’s 2017 Model Bit: Breaking the mould?

ABSTRACT: This article aims to highlight Colombia’s contribution to the debate on reforming the International Investment Regime (IIR), with its 2017 Model Bilateral Investment Treaty (BIT). It will give some background on Colombia’s investment policy and its 2017 Model. It will then explore Colombia...

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Autores:
Lorenzoni Escobar, Lina
Vásquez Arango, Carolina María
Cristancho Escobar, Felipe Andrés
Tipo de recurso:
Work document
Fecha de publicación:
2021
Institución:
Universidad de Antioquia
Repositorio:
Repositorio UdeA
Idioma:
eng
OAI Identifier:
oai:bibliotecadigital.udea.edu.co:10495/23239
Acceso en línea:
http://hdl.handle.net/10495/23239
Palabra clave:
Colombia
Colombia
Model Bilateral Investment Treaty (BIT)
International Investment Regime (IIR)
http://vocabularies.unesco.org/thesaurus/concept771
Rights
openAccess
License
http://creativecommons.org/licenses/by-nc-nd/2.5/co/
id UDEA2_2ad6d0f506431efba8db227b54126ff0
oai_identifier_str oai:bibliotecadigital.udea.edu.co:10495/23239
network_acronym_str UDEA2
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dc.title.spa.fl_str_mv Colombia’s 2017 Model Bit: Breaking the mould?
dc.title.alternative.spa.fl_str_mv Modelo de TBI de Colombia: ¿Rompiendo el molde?
title Colombia’s 2017 Model Bit: Breaking the mould?
spellingShingle Colombia’s 2017 Model Bit: Breaking the mould?
Colombia
Colombia
Model Bilateral Investment Treaty (BIT)
International Investment Regime (IIR)
http://vocabularies.unesco.org/thesaurus/concept771
title_short Colombia’s 2017 Model Bit: Breaking the mould?
title_full Colombia’s 2017 Model Bit: Breaking the mould?
title_fullStr Colombia’s 2017 Model Bit: Breaking the mould?
title_full_unstemmed Colombia’s 2017 Model Bit: Breaking the mould?
title_sort Colombia’s 2017 Model Bit: Breaking the mould?
dc.creator.fl_str_mv Lorenzoni Escobar, Lina
Vásquez Arango, Carolina María
Cristancho Escobar, Felipe Andrés
dc.contributor.author.none.fl_str_mv Lorenzoni Escobar, Lina
Vásquez Arango, Carolina María
Cristancho Escobar, Felipe Andrés
dc.subject.unesco.none.fl_str_mv Colombia
Colombia
topic Colombia
Colombia
Model Bilateral Investment Treaty (BIT)
International Investment Regime (IIR)
http://vocabularies.unesco.org/thesaurus/concept771
dc.subject.proposal.spa.fl_str_mv Model Bilateral Investment Treaty (BIT)
International Investment Regime (IIR)
dc.subject.unescouri.none.fl_str_mv http://vocabularies.unesco.org/thesaurus/concept771
description ABSTRACT: This article aims to highlight Colombia’s contribution to the debate on reforming the International Investment Regime (IIR), with its 2017 Model Bilateral Investment Treaty (BIT). It will give some background on Colombia’s investment policy and its 2017 Model. It will then explore Colombia’s Model through: clarification of the language of BIT provisions, increased State Party rights in Investor State Dispute Settlement Procedures, the State’s right to regulate, and investor responsibilities. With Host State regulatory prerogatives and human rights at the core, Colombia puts forward an alternative regional proposal to the IIR reform.
publishDate 2021
dc.date.accessioned.none.fl_str_mv 2021-10-19T18:32:59Z
dc.date.available.none.fl_str_mv 2021-10-19T18:32:59Z
dc.date.issued.none.fl_str_mv 2021
dc.type.spa.fl_str_mv info:eu-repo/semantics/workingPaper
dc.type.coarversion.fl_str_mv http://purl.org/coar/version/c_970fb48d4fbd8a85
dc.type.hasversion.spa.fl_str_mv info:eu-repo/semantics/publishedVersion
dc.type.coar.spa.fl_str_mv http://purl.org/coar/resource_type/c_8042
dc.type.redcol.spa.fl_str_mv https://purl.org/redcol/resource_type/WP
dc.type.local.spa.fl_str_mv Documento de trabajo
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status_str publishedVersion
dc.identifier.uri.none.fl_str_mv http://hdl.handle.net/10495/23239
url http://hdl.handle.net/10495/23239
dc.language.iso.spa.fl_str_mv eng
language eng
dc.rights.spa.fl_str_mv info:eu-repo/semantics/openAccess
dc.rights.uri.*.fl_str_mv http://creativecommons.org/licenses/by-nc-nd/2.5/co/
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dc.rights.creativecommons.spa.fl_str_mv https://creativecommons.org/licenses/by-nc-nd/4.0/
eu_rights_str_mv openAccess
rights_invalid_str_mv http://creativecommons.org/licenses/by-nc-nd/2.5/co/
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dc.format.extent.spa.fl_str_mv 24
dc.format.mimetype.spa.fl_str_mv application/pdf
dc.publisher.spa.fl_str_mv Universidad de Antioquia, Facultad de Derecho y Ciencias Políticas
dc.publisher.group.spa.fl_str_mv Estudios Internacionales: Derecho Economía Política y Relaciones Internacionales
dc.publisher.place.spa.fl_str_mv Medellín, Colombia
institution Universidad de Antioquia
bitstream.url.fl_str_mv http://bibliotecadigital.udea.edu.co/bitstream/10495/23239/1/LorenzoniLina_2021_Colombia%c2%b4sModelBit.pdf
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repository.name.fl_str_mv Repositorio Institucional Universidad de Antioquia
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spelling Lorenzoni Escobar, LinaVásquez Arango, Carolina MaríaCristancho Escobar, Felipe Andrés2021-10-19T18:32:59Z2021-10-19T18:32:59Z2021http://hdl.handle.net/10495/23239ABSTRACT: This article aims to highlight Colombia’s contribution to the debate on reforming the International Investment Regime (IIR), with its 2017 Model Bilateral Investment Treaty (BIT). It will give some background on Colombia’s investment policy and its 2017 Model. It will then explore Colombia’s Model through: clarification of the language of BIT provisions, increased State Party rights in Investor State Dispute Settlement Procedures, the State’s right to regulate, and investor responsibilities. With Host State regulatory prerogatives and human rights at the core, Colombia puts forward an alternative regional proposal to the IIR reform.RESUMEN: Este artículo busca resaltar la contribución de Colombia al debate sobre la reforma del RII, con su Modelo de Tratado Bilateral de Inversión de 2017. Brindará algunos antecedentes acerca de la política de inversión de Colombia y su Modelo de 2017. Luego explorará el Modelo de Colombia a partir de: aclaración del lenguaje de las disposiciones del TBI, aumento de los derechos de los Estados Parte en los Procedimientos de Solución de Controversias entre Inversionistas y Estados, la potestad regular, y la responsabilidad de los inversores. Con la potestad regulatoria del Estado receptor y las obligaciones de derechos humanos en el centro, Colombia presenta una propuesta regional alternativa a la reforma del RII.COL011275324application/pdfengUniversidad de Antioquia, Facultad de Derecho y Ciencias PolíticasEstudios Internacionales: Derecho Economía Política y Relaciones InternacionalesMedellín, Colombiainfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/workingPaperhttp://purl.org/coar/resource_type/c_8042https://purl.org/redcol/resource_type/WPDocumento de trabajohttp://purl.org/coar/version/c_970fb48d4fbd8a85info:eu-repo/semantics/openAccesshttp://creativecommons.org/licenses/by-nc-nd/2.5/co/http://purl.org/coar/access_right/c_abf2https://creativecommons.org/licenses/by-nc-nd/4.0/Colombia’s 2017 Model Bit: Breaking the mould?Modelo de TBI de Colombia: ¿Rompiendo el molde?ColombiaColombiaModel Bilateral Investment Treaty (BIT)International Investment Regime (IIR)http://vocabularies.unesco.org/thesaurus/concept771ORIGINALLorenzoniLina_2021_Colombia´sModelBit.pdfLorenzoniLina_2021_Colombia´sModelBit.pdfDocumento de trabajoapplication/pdf811367http://bibliotecadigital.udea.edu.co/bitstream/10495/23239/1/LorenzoniLina_2021_Colombia%c2%b4sModelBit.pdf19d123932d69872f36e05b317cfd42a3MD51CC-LICENSElicense_rdflicense_rdfapplication/rdf+xml; charset=utf-8823http://bibliotecadigital.udea.edu.co/bitstream/10495/23239/2/license_rdfb88b088d9957e670ce3b3fbe2eedbc13MD52LICENSElicense.txtlicense.txttext/plain; charset=utf-81748http://bibliotecadigital.udea.edu.co/bitstream/10495/23239/3/license.txt8a4605be74aa9ea9d79846c1fba20a33MD5310495/23239oai:bibliotecadigital.udea.edu.co:10495/232392021-10-19 13:33:00.019Repositorio Institucional Universidad de Antioquiaandres.perez@udea.edu.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