A Model International Investment Agreement for the Promotion of Sustainable DevelopmentModel International Investment Agreement for the Promotion of Sustainable Development • December 3rd, 2022
The Preamble needs to create the context for the Agreement. It must empha- size that this is an agreement that seeks to promote investment that supports sustainable development, rather than pursuing investment protection and pro- motion without any criteria of quality. The Preamble must also recognize the need to ensure that investments that serve the purpose of this Agreement are in the public interest and deserve such protection as the international com- munity can afford. It must establish that host states, home states and investors all have rights and obligations in relation to foreign direct investment and that it is the purpose of this Agreement to codify these rights and obligations in a balanced manner.
