ASEAN Comprehensive Investment Agreement

Julien Chaisse, Professor, School of Law, City University of Hong Kong and Chairman, Asia Pacific FDI Forum, Hong Kong SAR and Sufian Jusoh, Institute of Malaysian and International Studies (IKMAS), Universiti Kebangsaan, Malaysia

• Contents: 1. General Introduction PART I INTRODUCTION: MAPPING THE GROWTH OF THE INTERNATIONAL LAW OF FOREIGN INVESTMENT IN THE ASIA-PACIFIC REGION 2. ASEAN as an Important Investment Destination 3. Emergence of Asian Noodle Bowl of IIAs 4. Recent Phenomena: The Rise of Plurilateral Agreements With Wider Scope PART II ACIA AS A MILESTONE IN ASEAN HISTORY 5. The Asean Economic Community and the Asean Investment Framework 6. ASEAN Investment Scenario PART III THE SUBSTANTIVE REGIME OF THE ACIA 7. Investment Liberalisation 8. Scope of the Agreement: The Investment and the Investor 9. Principle of Non-Discrimination 10. Standards of Protection: Protecting Investors and Investments 11. Other Substantive Rules 12. Exceptions Under ACIA PART IV ACCESS TO DISPUTE SETTLEMENT MECHANISMS 13. Dispute Settlement PART V THE EMERGENCE OF AN ASEAN EXTERNAL INVESTMENT POLICY 14. ASEAN+DP Investment Agreements 15. Salient Similarities and Differences of ASEAN+DP PTAs 16. Cross Benefits of ACIA and ASEAN+DP PTAs PART VI CONCLUSION 17 Conclusion Index

'Authored by two experts in the field, this book provides a thorough analysis of the ASEAN Comprehensive Investment Agreement. It is a timely contribution to an understanding of a key pillar of the ASEAN Economic Community and investment agreements in the Asia Pacific region. The book therefore serves as an essential source of reference for practitioners, scholars and policy makers.'--Pasha Hsieh, Singapore Management University'Despite its growing economic and political importance, ASEAN has attracted relatively little attention from international economic lawyers. In their new book, Julien Chaisse and Sufian Jusoh offer insightful and pellucid analysis of the complex investment rules within ASEAN that will inform scholars, legal practioners and policy-makers alike. It will sit at the vanguard of excellence for the next generation of ASEAN scholarship.' --Jurgen Kurtz, The University of Melbourne, Australia'ASEAN's Comprehensive Investment Agreement-ACIA-endows one of the world's most vibrant regional compacts with a novel set of rules in the fastest growing province of international economic law. Chaisse and Jusoh's detailed and richly contextualized depiction of ASEAN's new investment rules reveals the adaptive capacity of host states. It will appeal to all those interested in the scholarly study of global norms at the frontiers of trade and investment law and policy and the numerous forces shaping them.'--Pierre Sauve, University of Bern, Switzerland