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Policy Dispute in a Free Trade Agreement: A Case study of Investor-State Dispute Settlement

  • Korean Society and Public Administration
  • Abbr : KSPA
  • 2008, 19(1), pp.261-282
  • Publisher : Seoul Association For Public Administration
  • Research Area : Social Science > Public Administration

Kim Se Hoon 1 Kim Jong Ho 2

1한국과학기술정보연구원
2경희대학교

Accredited

ABSTRACT

Korea and the U.S. come to a settlement on Free Trade Agreement. The FTA will include investment chapter which is similar to the NAFTA investment chapter. The NAFTA investment chapter provides investors with strong investment protection and an arbitration mechanism to resolve disputes between an investor and the state. Since it was combined with FTA in the NAFTA, it has construed one of the most powerful mechanism to enforce provisions of investment agreements and to protect transnational capitals. This paper studies on the NAFTA investment dispute cases and considers their policy implications for Korea. Korea government has to increase its ability to manage the investor-state disputes effectively.

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