Brazilian Agreement on Cooperation and Facilitation of Investments is discussed in Australia
The events promoted a comparative study between the legal answers given by Australia and Brazil based on the challenges posed by foreign investment.
Michelle Ratton Sanchez Badin, professor of Global Law at FGV’s Sao Paulo Law School (Direito SP), participated in two conferences held in Australia, addressing international investment agreements, at University of Sydney, and commerce, at University of New South Wales (UNSW).
The professor explained that the investment conference is related to the article entitled “The Brazilian Agreement on Cooperation and Facilitation of Investments (ACFI): a New Formula for International Agreements”, as well as a book to be published this year by Cambridge University Press, titled “Reconceptualizing International Investment Law from the Global South.” Both were co-authored by professor Fábio Morosini.
In general terms, the paper reviews the main consequences of the first Agreement on Cooperation and Facilitation of Investments, signed by Brazil in March 2015, attempting to reveal how innovative this agreement actually was. The authors retraced the historical steps of agreements signed by Brazil, identifying two recurring elements that stand out: investment facilitation and risk mitigation.
During the conference on commerce, Michelle Ratton and expert Vivienne Bath, professor of International Law at Sydney Law School, shared arguments based on economic governance regarding the future of trade deals between Brazil and other countries in the Pacific, such as China, Myanmar, and Japan, among other nations in the region.
The events are part of a joint project between Sao Paulo Law School (Direito SP), Sao Paulo Research Foundation (FAPESP), and the University of Sydney to promote a comparative study between the legal answers given by Australia and Brazil based on the challenges posed by foreign investment.
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