President Tsai Ing-wen (蔡英文) called on the EU to conclude a bilateral investment agreement with Taiwan, as it could play a role as a democratic and economic partner. UNCTAD`s Work Programme on International Investment Treaties (IIAs) actively supports IIA policymakers, government officials and other stakeholders in reforming the IIA to make it more conducive to sustainable development and inclusive growth. International investment rules take place at the bilateral, regional, interregional and multilateral levels. Policymakers, negotiators, civil society and other stakeholders need to be well informed about foreign direct investment, international investment agreements (IIAs) and their impact on sustainable development. Main objectives of UNCTAD`s Work Programme for IIAs • Reform of the International Investment Treaty (IIA) System to strengthen its sustainable development dimension; • Comprehensive analysis of key issues arising from the complexity of the international investment regime; • Development of a wide range of instruments to support the formulation of more balanced international investment policies. Tsai`s call for an investment deal between Taiwan and the EU came after the EU announced last month that it would soon launch a “Global Gateway” campaign to compete with China`s Belt and Road Initiative. TiFA establishes tifa Council meetings as a key mechanism for trade and investment dialogue between U.S. and Taiwanese authorities, covering a wide range of issues of importance to U.S. and Taiwanese stakeholders. “The EU will also continue its in-depth trade and investment relations with partners with whom it does not have trade and investment agreements, such as Taiwan,” the joint statement said. The Parliament “calls on the Commission and the Council to move towards a bilateral investment agreement with Taiwan and to urgently start an impact assessment, public consultation and scoping with the Taiwanese authorities,” the report said. The three pillars of activities • Research and policy analysis: monitoring trends, identifying important emerging issues and providing cutting-edge knowledge on IIAs from a sustainable development perspective; • Technical assistance: organization of training, seminars and workshops; Conduct reviews of the IIA and the model BIT; • Intergovernmental consensus-building: exchange and exchange of good practices and experiences to promote global investment policy.
For more information, please contact us via the online contact form. IIA Navigator This database of IIAs – the IIA Navigator – is maintained by UNCTAD`s IIA section. You can search for IAIs completed by a specific country or group of countries, view recently completed IIAs, or use advanced contract search for sophisticated searches tailored to your needs. Please quote: UNCTAD, Navigator for International Investment Agreements, available on investmentpolicy.unctad.org/international-investment-agreements/ In recent years, the EU has been a major source of foreign direct investment (FDI) in Taiwan, while Taiwanese investment in the EU accounts for only about 2% of Taiwan`s global FDI stocks. Despite Parliament`s repeated calls to improve political and trade relations between the EU and Taiwan, as well as the call on the Commission to start scope definition and impact assessment as soon as possible in order to formally start negotiations on a bilateral investment agreement (BIA) with Taiwan as soon as possible, there has been no formal development. The Commission has previously linked the opening of negotiations with Taiwan to an initial agreement with China. During the TIFA Council meeting, we and the Taiwanese authorities also discussed a number of specific trade and investment issues. Both sides acknowledged the progress made in several areas, such as. B Taiwan`s enforcement of trade secret protection and upcoming changes in Taiwan`s medical device approval process. In addition, the U.S. and Taiwanese authorities have committed to intensify their engagement to address remaining trade concerns, including market access barriers for U.S.
beef and pork producers, as well as concerns raised by the United States in areas such as copyright law, digital piracy, financial services, investment and regulatory transparency. IIA Mapping Project The IIA Mapping Project is a joint initiative of UNCTAD and universities around the world to map the content of IIAs. The resulting database serves as a tool to understand trends in IIA development, assess the prevalence of different policy approaches, and identify examples of treaties. The “Mapping of IIA Content” allows you to browse the results of the previous project (the page is updated regularly when new results arrive). Please cite as: UNCTAD, Mapping of IIA Content, available at investmentpolicy.unctad.org/international-investment-agreements/iia-mapping More information: Mapping project page Project description and methodology document At the TIFA Council meeting, US officials stressed the importance of the US-Taiwan trade and investment relationship and expressed a desire for stronger and greater commitment consistent in the future. The U.S. discussed the Biden-Harris administration`s worker-centric trade policies, in which workers have a seat at the table, strict labor standards are enforced, and prosperity is widely shared. ==References=====External links===Officials discussed ways for the United States and Taiwan to collaborate on key trade and environmental issues such as combating wildlife trafficking and finding commercial instruments to address the climate crisis. The two sides welcomed the resumption of high-level trade engagement and expressed a desire to work closely together, not only to deepen the trade and investment relationship between the United States and Taiwan, but also as democratic partners in support of worker-centered trade policies and in the fight against forced labor in global supply chains. To this end, the two sides agreed to form a new working group within the framework of the TIFA.
only contracts for the installation of facilities or the free transfer of funds related to the investment); and 3. Contracts containing only “framework clauses”, such as those relating to cooperation in the field of investment and/or a mandate for future negotiations on investment issues. In addition to IIAs, there is also an open category of investment-related instruments (IRRI). It includes various binding and non-binding instruments and includes, for example, model agreements and draft instruments, multilateral conventions on dispute settlement and arbitration rules, documents adopted by international organizations and others. Key Concepts – The map structure displayed in the Select Mapped Treaty Elements tab is a “table of contents” that contains all associated contract elements. It corresponds to the typical structure of an IIA. – The elements of the contract presented are elements of an investment agreement that have been mapped as part of the IIA mapping project. The number of contract items displayed exceeds 100. Each associated contract item has a set of predefined mapping options to choose from. – Mapping options indicate the approach chosen in the contract for the relevant element of the mapped contract.
Mapping options can be of the “Yes/No” type or they can specify the contractual approach more specifically (for example. B the type of fair and equitable treatment clause (FET) – qualified/unqualified/none, etc.). Each associated contract element contains the options “Inconclusive” and “Not applicable”. .