ABSTRACT

Far-East Asian investment flows into Ibero-America have been growing fast and diversifying, from the mere supply of raw materials to infrastructure financing, services and manufacture. Intensification of investment transactions naturally increases the chance of conflicts and the need for dispute settlement mechanisms, such as investor-to-State arbitration. China, Japan and Korea have different approaches in the negotiation and conclusion of treaties in the field of investment protection and this also happens in their relations with Ibero-America. This region has set some of the traditional doctrines related to the treatment of foreign investments and some of the newest trends in international economic governance, such as the proposed UNASUR Dispute Resolution Centre and the Brazilian ACFIs. This chapter analyses these different perspectives of investment protection in view of possible future disputes involving both regions.