ORGANIZACIÓN MUNDIAL
DEL COMERCIOWT/WGTI/W/117
3 de mayo de 2002
(02-2533)
Grupo de Trabajo sobre la Relación
entre Comercio e InversionesOriginal:  inglés/
español
COMUNICACIÓN DE MÉXICO
Se ha recibido de la Misión Permanente de México la siguiente comunicación, de fecha 1° de
mayo de 2002, con el ruego de que se distribuya a los Miembros.
_______________
Tal y como lo informamos durante las reuniones del Grupo de Trabajo sobre la relación entre
el Comercio e Inversión celebradas el 18 y 19 de abril, como parte de las iniciativas del Área de
Cooperación Asia-Pacífico (APEC) para el mejoramien to del comercio y de la inversión de la región,
y como parte de las actividades de la Presidencia de México de APEC en el 2002, México ha
organizado un “Seminario sobre Acuerdos y Reglas Bilaterales y Regionales de Inversión”, que
tendrá lugar en la Ciudad de Mérida, México, los días 17 y 18 de mayo del 2002.
Este evento tiene por objeto tener discusiones informales y mesas redondas conducentes a
obtener un mayor entendimiento de los temas relacionados con los acuerdos de inversión, basándose
en un programa de interés común entre las economías de APEC.
En este sentido, el seminario de referencia busca proveer un foro en el cual se logre una
mayor comprensión del Mandato Ministerial de Doha en materia de inversión y se discuta la maneraen la que las economías de APEC pueden contribuir a la Agenda del Desarrollo de Doha. La quinta
sesión del evento se enfocará a evaluar los beneficios y retos de un marco multilateral de inversión y a
considerar las formas de apoyar los trabajos de la OMC rumbo a la V Conferencia Ministerial.
Por lo anterior, me es muy grato informar a usted que mi Gobierno ha decidido extender esta
cordial invitación a todas las delegaciones del Grupo de Trabajo sobre la relación entre Comercio e
Inversión de la Organización Mundial del Comercio, por considerar  este seminario de sumo interéspara los trabajos de dicho Grupo.
Agradeceré a Ustedes circular la invitación y el programa tentativo del seminario que se
anexa
1, entre los Miembros del citado Grupo de Trabajo. En particular y para facilitar esta tarea,
acompaño a Usted dichos documentos en medios electrónicos, destacando que el formulario deregistro debe completarse por dicho medio.
_______________
                                                     
1 En inglés solamente.WT/WGTI/W/117
Página 2
ANNEX
WWOORRKKSSHHOOPP  OONN  RREEGGIIOONNAALL  AANNDD  BBIILLAATTEERRAALL
IINNVVEESSTTMMEENNTT  RRUULLEESS  //  AAGGRREEEEMMEENNTTSS
Background
The crucial importance of foreign investment is widely recognised all over the world. Foreign
investment is seen both as the global market's "seal of approval" on a country's policies and prospects.
It is far more than mere "capital": it is a uniquely potent bundle of capital, contacts and managerial
and technological knowledge. It is the cutting edge of globalisation. Foreign investment is not an
entitlement; it flows to countries where there is a reasonable rate of return on capital, stability, pro-
business environment, and adequate protection.
One of the initiatives arisen from APEC Leaders Meeting at Blake Island, Seattle (1993) was the
development of an Investment C ode of Non-binding principles, which was materialized in Jakarta
(November 1994) with the APEC Non Binding Inve stment  Principles. The Bogor Declaration ( 1994)
has, as an objective, the enhancement of trade a nd investment in the Asia-Pacific and a long-term goal
of free and open investment: “This goal will be pursued promptly by further reducing barriers to trade
and investment and by promoting the free flow of goods, services, and capital among our economies”.
The Osaka Action Agenda (1995) establishes in the specific guidelines for Investment, that each APEC
economy will: “explore expansion of APEC’s network of bilateral investment agreements”.
Objectives
In pursuing these premises, the Workshop is designed:
− To have informal discussion and, roundtable debates, conducive towards gaining a greater
understanding of the issues relevant to investment agreements, based on a program ofcommon interest to member economies.
− To have a better understanding on what investment agreements are, how they can be used as
an effective instrument for foreign investment promotion and protection.
− To provide a useful forum to address best policy practices/instruments in APEC member
economies concerning investment protection and;
− To explore the possibility to expand AP EC’s network of investment agreements.
WT/WGTI/W/117
Página 3
WORKSHOP ON REGIONAL AND BILATERAL
INVESTMENT RULES / AGREEMENTS
CTI 06/2002T
DRAFT ANNOTATED AGENDA
MAY 17 AND 18, MÉRIDA, MEXICO
May, 17
Morning
09:30 – 10:00
Opening Ceremony
Keynote speech by a high level officer from the Mexican Government.
10:00 – 11:00Session One
“International Capital Flows: Recent Trends and future perspectives ”
Speaker:
Ms. Padma Mallampally, Se nior Adviser, UNCTAD:  “Global and APEC FDI trends”.
Direct investment has accounted for about a quarter of total international capital outflows in the
1990s and appears to have grown, relative to other forms of international investment, since the 1970s.
The main purpose of this session is to obtain a picture of the current FDI flows’ behavior worldwide,
the determinants of FDI flows in developed and de veloping countries, FDI concentration, greenfield
FDI, Mergers & Acquisitions and comparative data.
11:00 – 11:30
Coffee break
11:30 – 12:30
Session two
“APEC instruments relevant to In ternational Rules on Investment .”
Speaker:
1. Dr. Taeho Bark, IEG Chairman. APEC. “Harmonisation of APEC investment instruments
with investment agreements of APEC economies”
Investment has been at the heart of APEC and central to the development and dynamism of APEC
economies. At this session we seek to discuss th e links between APEC investment instruments and
other agreements on investment.WT/WGTI/W/117
Página 4
Afternoon
14:30 – 16:30
Session three
“Regional initiatives on inve stment, regional policy and regulatory trends and their
causes.”
Speakers:
1. Marinus W. Sikkel, Chairman, Committee on In vestment and Multinational Enterprises,
OECD.   “Lessons from the OECD”.
2. William A. Dymond, Carleton University, Canada.  “Investment rules in NAFTA”.
3. Carlos  Herrera, General Secretary of the National Commission of Foreign Investments and
Technology Government of Peru.  “Investment Rules in the Andean Community”.
Commentator: Mr. Carlos García Fernández,  Dire ctor General of Foreign Investment, Ministry of
Economy, Mexico.
Regional agreements are increasingly important in matters of FDI. It has been fully demonstrated
that international trade and investment have been closely related since the beginning of theglobalisation process. On this session  we would seek to discuss the interrelation and interaction
between investment and trade rules in the regional context.
May 18
Morning
09:00 – 12:00 (with a coffee break from 10:30 – 11:00)
Session four
“General Features of Investment Promotion and Protection Agreements signed by the
APEC Economies”.
Speakers:
1. Prof. M. Sornarajah, National University of Singapore . “Scope and Key Definitions of
Investment Agreements”
2. Andrea Menaker, Attorney Advisor, NAFTA Arbitration Division, Office of International
Claims and Disputes, Office of the Legal  Advisor, U.S. Department of State.   “Standards of
Treatment: National Treatment, Most Favored Nation Treatment and Minimum Standards of
Treatment”
3. Mr. Alejandro Buvinic. Ministry of Foreign Affairs, Chile . “Protection and Guarantees in
Investment Agreements”WT/WGTI/W/117
Página 5
4. Mr. Ricardo Ramírez H., Deputy Director General of the Legal Counsel, Ministry of
Economy, Mexico.  “Investor - State Settlement of International Investment Disputes. Recent
cases and interpretations.”
Commentator: Mr. Stephen Brereton, Investment  Trade Policy Division, Department of Foreign
Affairs and International Trade, Canada.
An international legal framework for FDI has emer ged. It consists of many kinds of national and
international rules and principles, of diverse form  and origin. The entire structure rests on the twin
foundations of national laws and regulations and on a multitude of international investment
agreements and other legal instruments.
The main purpose of this session is to focus on the analysis of the different disciplines covered in
investment agreements and their interpretation.
Afternoon
14:00 – 16:00
Session Five
“The interrelation and interaction of Bilateral/Regional and multilateral investment
rules”.
Speakers:
1. Mr. Raymundo E. Enriquez, Partner Baker & Mckenzie, Mexico.  “The contribution of
uniform international investment rules to a predictable investment environment.”
2. Prof. Julio Faundez, University of Warwick, United Kingdom.     “Assessing the benefits and
challenges of a multilateral framework on investment”
3. Martha Lara Economic Affairs Officer in the Trade and Finance Division, World Trade
Organisation.  “Understanding the Doha mandate: how APEC can contribute to achieve
WTO’s goals?
In the past two decades, there have been  significant changes in international policies on foreign
direct investment. These changes have been both cause and effect in the ongoing integration of the
world economy and the changing role of FDI in it.  They have found expression in national laws and
practices and in a variety of international instruments, bilateral regional and multilateral.
Given that the recent events confirmed that investment will be discussed in the next WTO Ministerial
Conference, in this session could be worthy to evaluate the main connections (interrelation andinteraction) of bilateral/regional and multilateral investment rules.
Commentator:  Someone from Mexico
16:15
Concluding Session.
__________