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Acordos bilaterais

However, bilateral investment protection treaties embody many of the overreaching provisions that were rejected at the multilateral level and contain few of the flexibilities that were discussed by developed and developing countries alike.

The collapse of WTO investment talks in 2003 has been hailed as a "victory" by civil society groups. A multi-track negotiating strategy deployed by western governments ensures that this victory could be a Pyrrhic one.

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