Overview of investment treaty programme
1. What are the key features of the investment treaties to which this country is a party?
Chile
BIT Contracting Party or MIT |
Substantive protections |
Procedural rights |
||||||
---|---|---|---|---|---|---|---|---|
Fair and equitable treatment (FET) |
Expropriation |
Protection |
Most-favoured-nation (MFN) |
Umbrella clause |
Cooling-off period |
Local courts |
Arbitration |
|
Argentina (1 January 1995) |
Yes |
Yes |
Yes |
Yes |
Yes |
6 months |
Yes |
Yes |
Australia (18 November 1999) |
Yes |
Yes |
Yes |
Yes |
No |
3 months |
Yes |
Yes |
Austria (22 October 2000) |
Yes |
Yes |
Yes |
Yes |
Yes |
3 months |
Yes |
Yes |
Belgium and Luxembourg (5 August 1999) |
Yes |
Yes |
Yes |
Yes |
No |
6 months |
Yes |
Yes |
Bolivia (21 July 1999) |
Yes |
Yes |
Yes |
Yes |
No |
6 months |
Yes |
Yes |
Brazil (not in force) |
Yes |
Yes |
Yes |
Yes |
No |
6 months |
Yes |
Yes |
China (1 August 1995) |
Yes |
Yes |
Yes |
Yes |
No |
6 months |
Yes |
Yes |
Colombia (not in force) |
Yes |
Yes |
Yes |
Yes |
No |
3 months |
Yes |
Yes |
Costa Rica (23 June 2000) |
Yes |
Yes |
Yes |
Yes |
No |
5 months |
Yes |
Yes |
Croatia (15 June 1996) |
Yes |
Yes |
Yes |
Yes |
No |
3 months |
Yes |
Yes |
Cuba (30 September 2000) |
Yes |
Yes |
Yes |
Yes |
No |
3 months |
Yes |
Yes |
Czech Republic (5 October 1996) |
Yes |
Yes |
Yes |
Yes |
No |
3 months |
Yes |
Yes |
Denmark (3 November 1995) |
Yes |
Yes |
Yes |
Yes |
Yes |
6 months |
Yes |
Yes |
Dominican Republic (8 May 2002) |
Yes |
Yes |
Yes |
Yes |
No |
4 months |
Yes |
Yes |
Ecuador (21 February 1996) |
Yes |
Yes |
Yes |
Yes |
No |
6 months |
Yes |
Yes |
Egypt (not in force) |
Yes |
Yes |
Yes |
Yes |
No |
3 months |
Yes |
Yes |
El Salvador (18 November 1999) |
Yes |
Yes |
Yes |
Yes |
No |
3 months |
Yes |
Yes |
Finland (1 May 1996) |
Yes |
Yes |
Yes |
Yes |
No |
6 months |
Yes |
Yes |
France (24 June 1994) |
Yes |
Yes |
Yes |
Yes |
No |
6 months |
Yes |
Yes |
Germany (8 May 1999) |
Yes |
Yes |
Yes |
Yes |
Yes |
6 months |
Yes |
Yes |
Greece (27 October 2002) |
Yes |
Yes |
Yes |
Yes |
Yes |
3 months |
Yes |
Yes |
Guatemala (10 December 2001) |
Yes |
Yes |
Yes |
Yes |
No |
3 months |
Yes |
Yes |
Honduras (10 January 2002) |
Yes |
Yes |
Yes |
Yes |
No |
3 months |
Yes |
Yes |
Hungary (not in force) |
Yes |
Yes |
Yes |
Yes |
No |
5 months |
Yes |
Yes |
Iceland (12 August 2006) |
Yes |
Yes |
Yes |
Yes |
No |
6 months |
Yes |
Yes |
Indonesia (not in force) |
Yes |
Yes |
Yes |
Yes |
No |
4 months |
Yes |
Yes |
Italy (8 February 1995) |
Yes |
Yes |
Yes |
Yes |
No |
6 months |
Yes |
Yes |
Korea (16 September 1999) |
Yes |
Yes |
Yes |
No |
3 months |
Yes |
Yes |
|
Lebanon (not in force) |
Yes |
Yes |
Yes |
Yes |
No |
5 months |
Yes |
Yes |
Malaysia (4 August 1995) |
Yes |
Yes |
Yes |
Yes |
No |
3 months |
Yes |
Yes |
Netherlands (not in force) |
Yes |
Yes |
Yes |
Yes |
Yes |
3 months |
Yes |
Yes |
New Zealand (not in force) |
Yes |
Yes |
Yes |
Yes |
Yes |
6 months |
Yes |
Yes |
Nicaragua (10 January 2001) |
Yes |
Yes |
Yes |
Yes |
No |
3 months |
Yes |
Yes |
Norway (7 September 1994) |
Yes |
Yes |
Yes |
Yes |
No |
6 months |
Yes |
Yes |
Panama (21 December 1999) |
Yes |
Yes |
Yes |
Yes |
No |
3 months |
Yes |
Yes |
Paraguay (17 December 1997) |
Yes |
Yes |
Yes |
Yes |
No |
3 months |
Yes |
Yes |
Peru (11 August 2001) |
Yes |
Yes |
Yes |
Yes |
No |
6 months |
No |
Yes |
Philippines (6 August 1997) |
Yes |
Yes |
Yes |
Yes |
No |
3 months |
Yes |
Yes |
Poland (17 January 2000) |
Yes |
Yes |
Yes |
Yes |
No |
3 months |
Yes |
Yes |
Portugal (24 February 1998) |
Yes |
Yes |
Yes |
Yes |
No |
6 months |
Yes |
Yes |
Romania (27 July 1997) |
Yes |
Yes |
Yes |
Yes |
No |
3 months |
Yes |
Yes |
South Africa (not in force) |
Yes |
Yes |
Yes |
Yes |
No |
3 months |
Yes |
Yes |
Spain (28 March 1994) |
Yes |
Yes |
Yes |
Yes |
No |
6 months |
Yes |
Yes |
Sweden (30 December 1995) |
Yes |
Yes |
Yes |
Yes |
No |
6 months |
Yes |
Yes |
Switzerland (2 May 2002) |
Yes |
Yes |
Yes |
Yes |
No |
6 months |
Yes |
Yes |
Tunisia (not in force) |
Yes |
Yes |
Yes |
No |
4 months |
Yes |
Yes |
|
Turkey (not in force) |
Yes |
Yes |
No |
Yes |
No |
3 months |
Yes |
Yes |
Ukraine (29 August 1997) |
Yes |
Yes |
Yes |
Yes |
No |
6 months |
No |
Yes |
United Kingdom (21 April 1997) |
Yes |
Yes |
Yes |
Yes |
Yes |
3 months |
No |
Yes |
Uruguay (not in force) |
Yes |
Yes |
Yes |
Yes |
No |
3 months |
Yes |
Yes |
Venezuela (25 May 1995) |
Yes |
Yes |
Yes |
Yes |
No |
No |
Yes |
Yes |
Vietnam (not in force) |
Yes |
Yes |
Yes |
Yes |
No |
4 months |
Yes |
Yes |
FTAs/EPAs |
Substantive protections |
Procedural rights |
||||||
---|---|---|---|---|---|---|---|---|
Fair and equitable treatment (FET) |
Expropriation |
Protection and security |
Most-favoured- |
Umbrella clause |
Cooling-off period |
Local courts |
Arbitration |
|
Australia (6 March 2009) |
Yes |
Yes |
Yes |
Yes |
No |
6 months |
No |
Yes |
Canada (5 July 1997) |
Yes |
Yes |
Yes |
Yes |
No |
6 months |
No |
Yes |
Colombia (8 May 2009) |
Yes |
Yes |
Yes |
Yes |
No |
6 months |
No |
Yes |
Japan (3 September 2007) |
Yes |
Yes |
Yes |
Yes |
No |
6 months |
No |
Yes |
Korea (1 April 2004) |
Yes |
Yes |
Yes |
Yes |
No |
6 months |
No |
Yes |
MERCOSUR (1 October 1996) |
Yes |
Yes |
Yes |
Yes |
No |
‘reasonable time’ |
Yes |
Yes |
Mexico (1 August 1999) |
Yes |
Yes |
Yes |
Yes |
No |
6 months |
No |
Yes |
Peru (1 March 2009) |
Yes |
Yes |
Yes |
Yes |
No |
6 months |
No |
Yes |
United States of America (1 January 2004) |
Yes |
Yes |
Yes |
Yes |
No |
6 months |
No |
Yes |
Other treaties |
Substantive protections |
Procedural rights |
||||||
Fair and equitable treatment (FET) |
Expropriation |
Protection and security |
Most-favoured- |
Umbrella clause |
Cooling-off period |
Local courts |
Arbitration |
|
---|---|---|---|---|---|---|---|---|
Trans-Pacific Partnership, TPP (signed on 4 February 2016; not yet in force) |
Yes |
Yes |
Yes |
Yes |
No |
6 months |
No |
Yes |
Additional Protocol to the Framework Agreement of the Pacific Alliance (signed on 10 February 2014; not yet in force) |
Yes |
Yes |
Yes |
Yes |
No |
6 months |
No |
Yes |
Agreement on the Cooperation and Facilitation of Investments between the Federal Republic of Brazil and the Republic of Chile (signed on 23 November 2015; not yet in force) |
No |
Yes |
No |
Yes |
No |
At least 150 days (with the option to extend) |
No |
Yes |