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Limits to international economic policy emanating from human rights treaties: The experience of Latin America

Authors

Abstract

In Latin America there are states that have given constitutional hierarchy to human rights treaties, both regional and universal. Initially, this commitment to international human rights law was aimed at consolidating democratic institutions after long periods of dictatorial governments. Over the years, the scope of human rights has broadened to cover issues such as environmental protection or the regulation of
business. On this last point, there are now standards that not only oblige companies to respect human rights, but also oblige the state to take fundamental rights into consideration when negotiating and concluding international investment agreements. The aim of this paper is to analyse the human rights standards that condition the conclusion and fulfilment of trade agreements and how arbitration tribunals, in the resolution of the cases submitted to them, have sought a balance between the interests of the investor and the State’s obligations to respect and guarantee fundamental rights. 

Keywords:

Human Rights, investments, regulations, business, arbitrators

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