Running on Empty: Why Developing Countries Don't Join the GPA But Sign BITs?
Article from: TDM 3 (2011), in Intersections: Dissemblance or Convergence between International Trade and Investment Law
Government procurement amounts for a very important part of the public expenditure of states. At the same time is an area of enormous interest for trans-national corporations. The plurilateral Government Procurement Agreement (GPA), created in the sphere of the WTO seeks the best conditions of transparency and non-discrimination of foreign participants in public tenders. On the other hand, the protection afforded to international investors through the over two thousand existing bilateral investment treaties (BITs) include in most cases participation in public tenders and covers ...