103.06.15考验投资机体的资源_资源是投资经理首要的

103.06.15考验投资机体的资源由刀豆文库小编整理，希望给你工作、学习、生活带来方便，猜你可能喜欢“资源是投资经理首要的”。

Investment body’s resources put to the test

By Daniel Aguirre|Sunday, 15 June 2014

As of July, the Myanmar Investment Commiion(MIC)will no longer be based in Nay Pyi Taw or answer to the Ministry of National Planning and Economic Development.It is scheduled to move to Yangon and be restructured so it eventually operates as an independent organisation similar to the Central Bank of Myanmar.Observers inside and outside the country will be watching closely to see whether its new status will mean greater resources and greater authority – and, if so, how MIC will use such resources.Will it prioritise the rights of the people of Myanmar or the interests of foreign investors?

The MIC changes reflect Myanmar’s strategic efforts to attract foreign direct investment to spur economic development.Government figures show contracted FDI topped US$4 billion in the 2013-14 fiscal year ending March 31.The Directorate of Investment and Companies Administration says this is nearly triple the previous year’s investment, creating 90,000 new jobs.The government hopes FDI will double again in 2014-15.With that goal in mind, it refuses very few projects.There is still tremendous preure to attract more FDI, and many potential foreign investors – both states and corporations – are demanding bilateral investment treaties, or BITs, to protect their interests in Myanmar.There is growing concern, however, that desire for rapid economic growth will put corporate interests ahead of human rights and the environment.BITs eentially give investors the standing of states in international arbitration to resolve disputes over regulations that reduce their profits or the imposition of performance standards, such as technology transfer or sourcing local products and labour.Investors have used BITs to challenge environmental, health and affirmative action regulations in other jurisdictions, impacting human rights and the environment.Arbitral awards over disputes can run into the hundreds of millions of dollars and are enforceable around the world.The result can be a “regulatory chill”, where states regulate cautiously to avoid litigation by affected investors.Myanmar has joined the investment law regime.It has signed the 2009 ASEAN Comprehensive Investment Agreement, has BITs with regional neighbours and has signed the New York Convention on the enforcement of arbitral awards.Yet many states are concerned about losing their right to regulate investment and have moved to renegotiate terms.Developing nations, including fellow ASEAN members Indonesia and the

Philippines, have begun to rethink the logic of BITs because of these concerns.To ensure investment benefits the people of Myanmar, and to avoid costly arbitration, Myanmar must put in place a legal framework that clearly

demonstrates its commitment to national development in a manner that

enhances respect for human rights and protects the environment.To do so it must develop and implement national laws in compliance with

international standards in order to bolster the national legal system, which lacks key rules and procedures related to the protection of human rights and the environment.In the absence of a robust national regulatory framework,investments may fail to help improve the lives of the people in Myanmar, and may even aggravate existing problems.This is where the restructured MIC comes into play.States have the authority to control the entry of foreign investment and regulate corporate activities.Under the foreign investment law of 2012, the MIC is the gatekeeper that licenses would-be investors in Myanmar.It is the primary task of this investment administrative agency to ensure that foreign investment benefits the people of Myanmar.Investment commiions are set up by governments both to promote and regulate investment.The MIC can restrict entry on the basis of environmental and social impact aements so it is the first line of defence protecting human rights and the environment from the negative impact of corporate operations.The MIC must ensure that investors will be subject to rules protecting human rights and the environment.Positive steps have been taken.Myanmar’s foreign investment law lays out

Myanmar’s intention to ensure that foreign investment benefits its people.It sets out basic principles that characterise suitable investment, making it clear that investors’ interests will be protected as long as they comply with their duties and relevant national laws.The law allows the MIC to determine which types of investment will be permitted in Myanmar.It restricts or bars businees that harm local cultures and

communities or the environment.This is an important declaration of the

government’s right to regulate in line with its responsibility to protect human rights.The MIC must maintain this regulatory space as an independent body.The government of Myanmar acknowledges the need for sweeping legal reform and the difficulty of the task ahead.A wide range of laws, rules and procedures are currently under review.This momentous task is being undertaken with limited resources and capacity.The uncertain state of affairs leaves open a regulatory gap even as new

investments flow in.Much will depend on the work of the MIC as an independent regulatory body.It must balance the preure to promote investment with a commitment to regulation.The new MIC must overcome limited capacity and resources to protect not only Myanmar’s independence and integrity but also its environment and, most importantly, the human rights of the people.考驗投資機體的資源

由丹尼爾·阿卲雷|星期日，2014年6月15日

截至今年7月，緬甸投資委員會（MIC）將不再設在奈比多或答案，國家計劃與經濟發展部。

它是定移動到仰光進行重組，以便它最終經營作為類似緬甸中央銀行獨立的組織。內外國家的觀察員將密切注視其新的地位是否將意味著更多的資源和更大的權力無論是國家和企業-都要求雙邊投資條約，或位，以保護他們在緬甸的利益。人們越來越擔心，然而，渴望經濟快速增長將會把公司利益置於人權和環境。雙邊基本上讓投資人在國際仲裁州的地位，解決了法規，以減少他們的利潤或徵收的性能標準，如技術轉讓或採購本地的產品和勞動糾紛。投資者使用的比特在其他司法管轄區的挑戰的環境，健康和積極行動的規定，影響人權和環境。

仲裁裁決在糾紛可以運行到數億美元，並在世界各地執行。其結果可能是一個“監管寒心”，其中國家規範謹慎，以避免訴訟受影響的投資者。

緬甸已經加入了投資法制度。該公司已經簽署了2009年東盟全面投資協定，雙邊有與區域鄰國，並已簽署了紐約公約仲裁裁決的執行。

然而，許多國家都擔心失去其調節投資的權利，並提出重新談判的條款。

發展中國家，包括研究員東盟成員國印度尼西亞和菲律賓，也開始重新思考，因為這些問題的比特邏輯。

為了保證投資效益緬甸人民，並避免代價高昂的仲裁，緬甸必須把那些清楚地表明了其對國家發展，增強對人權的尊重和保護環境的方式承擔的法律框架。

要做到這一點，必須制定和實施國家法律符合國際標準，以加強國家法律制度，缺乏關鍵的規則和有關的人權和環境的保護程序。在缺乏一個強有力的國家監管框架，投資可能會失敗，以幫助改善緬甸人民的生活，甚至可能加劇現有的問題。這是重組後的MIC進場。

國家有權控制外國投資的進入和規範企業活動。根據2012年外國投資法的MIC是許可證潛在的投資者在緬甸的看門人。正是這種投資管理機構的首要任務，以確保外國投資有利於緬甸人民。

投資委員會是設立由政府既要促進和規範投資。的MIC可以限制的環境和社會影響評估的基礎上，進入所以它是防禦的保護人權和環境不受企業經營的負面影響的第一線。在MIC必須確保投資者將受到規則保護人權和環境。

積極採取了措施。緬甸外國投資法規定了緬甸的意圖，以確保外國投資有利於人民。它規定了表徵合適的投資基本原則，明確了投資者的利益，只要他們符合他們的職責及相關的國家法律的保護。

在法律允許的MIC，以確定哪些類型的投資將在緬甸被允許。它限制或條企業，危害當地文化和社區或環境。這是政府的權利與責任，保護人權的線來調節的重要宣言。在MIC必須保持這樣的監管空間作為一個獨立的機構。

緬甸政府承認需要清掃的法律改革和任務的難度領先。廣泛的法律，規則和程序，目前正在審查中。

這一重大任務正在開展利用有限的資源和能力。事態不明朗的狀態留下了監管空白，即便有新的投資流入。在很大程度上將取決於MIC的工作作為一個獨立的監管機構。它必須平衡，以促進投資與監管的承諾的壓力。

新的麥克風必須克服的能力和資源有限的保護，不僅緬甸的獨立性和完整性，而且它的環境，而最重要的是，人民的人權。