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The Colombia-US 2025 joint interpretation: clarifying investment standards or quietly reshaping investor protections?

Côté, Charles-Emmanuel; Hamamoto, Shotaro; Menkes, Marcin J.; Qian, Xu

The Colombia-US 2025 joint interpretation (JI) is the first adopted by the United States since the 2001 NAFTA JI. While it favors state regulatory space, this Perspective argues that its restrictive approach to some provisions and application to pending cases raise familiar concerns about the impact and legitimacy of JIs.

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More About This Work

Academic Units
Columbia Center on Sustainable Investment
Publisher
Columbia Center on Sustainable Investment
Series
Columbia FDI Perspectives, 420
Published Here
November 19, 2025