USMCA Chapter 27 on Anticorruption: Is it enough? [1.2871]

Authors

  • Víctor Castillo Universidad de Chile - Heidelberg University

DOI:

https://doi.org/10.56754/2735-7236.2022.2871

Keywords:

Corruption, Anticorruption, United States-Canada-Mexico Agreement (USMCA)

Abstract

 

The purpose of this article is to discuss USMCA Chapter 27 on “Anticorruption”, and to assess whether it represents a real impact in the fight against such practices.  Chapter 27 confirms the trend that has been developing towards an effective implementation of anticorruption policies among its State parties through this type of agreement.  This trend has been the result of a relevant cultural and political evolution that shows the willingness to work effectively and efficiently for a healthy international trade, which in our opinion represents a real impact in the fight against such practices. Notwithstanding the above, it is also possible to conclude that, despite the existence of a strong message and the manifestation of a clear intention in the implementation of these measures, there are gaps that are mainly related to the lack of regulation in the submission of these matters to arbitration procedures and the lack of administrative measures that, in practice, allow an adequate incorporation.  This should be the focus and objective of future negotiations.

References

Chijioke-Oforji, Chijioke. «Regulating Corruption Through Free Trade Agreements: An Analysis of the NAFTA 2.0 Anti-corruption Provisions.» (2019). https://www.transnational-dispute-management.com/article.asp?key=2735

CleanGovBiz Initiative. «The rational for fighting corruption.» 2014. https: //maritimecyprus.files.wordpress.com/2017/09/oecd.pdf

Husted, Bryan W. «Culture and international anti-corruption agreements in Latin America.» Journal of Business Ethics 37 (2002): 413-422. https://doi. org/10.1023/A:1015248921716

Transparency International. What is corruption? 13 de Mayo de 2020. https: //www.transparency.org/en/what-is-corruption

Yan, Yueming. «Anti-Corruption Provisions in International Investment Agreements: Investor Obligations, Sustainability Considerations, and Sym- metric Balance.» Journal of International Economic Law 23.4 (2020): 989-1013. https://doi.org/10.1093/jiel/jgaa026

Published

2022-04-21

How to Cite

Castillo, Víctor. “USMCA Chapter 27 on Anticorruption: Is It Enough? [1.2871]”. En Las Fronteras Del Derecho, vol. 1, Apr. 2022, doi:10.56754/2735-7236.2022.2871.

Issue

Section

Research Notes and Essays