Comparative Commentary to Brazil’s Cooperation and Investment Facilitation Agreements (CIFAs) with Mozambique, Angola, Mexico, and Malawi

This briefing provides a comparative legal commentary on Brazil's first four Cooperation and Investment Facilitation Agreements (CIFAs), highlighting how they differ from traditional bilateral investment treaties by prioritizing cooperation over investor protection and excluding investor-state arbitration.

• Brazil's Cooperation and Investment Facilitation Agreements (CIFAs), also known as ACFIs, differ from traditional bilateral investment treaties (BITs) by focusing on investment facilitation and cooperation rather than investor protection.
• CIFAs avoid investor-state arbitration, instead promoting amicable dispute prevention and settlement, with state-state dispute settlement serving as a secondary option. This model allows governments to mitigate the risks associated with arbitration.

APA

Brauch,, N. B.-O. D. B. D. (2015). Comparative Commentary to Brazil’s Cooperation and Investment Facilitation Agreements (CIFAs) with Mozambique, Angola, Mexico, and Malawi. International Institute for Sustainable Development. https://www.iisd.org/articles/policy-analysis/comparative-commentary-brazils-cooperation-and-investment-facilitation

Chicago

Brauch,, Nathalie Bernasconi-Osterwalder,Martin Dietrich Brauch,Martin Dietrich. Comparative Commentary to Brazil’s Cooperation and Investment Facilitation Agreements (CIFAs) with Mozambique, Angola, Mexico, and Malawi. International Institute for Sustainable Development, 2015. https://www.iisd.org/articles/policy-analysis/comparative-commentary-brazils-cooperation-and-investment-facilitation.

Wikipedia

{{cite report |last1=Brauch, |first1=Nathalie Bernasconi-Osterwalder,Martin Dietrich Brauch,Martin Dietrich |title=Comparative Commentary to Brazil’s Cooperation and Investment Facilitation Agreements (CIFAs) with Mozambique, Angola, Mexico, and Malawi |publisher=International Institute for Sustainable Development |date=11 September 2015 |url=https://www.iisd.org/articles/policy-analysis/comparative-commentary-brazils-cooperation-and-investment-facilitation |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{brauch2015comparative, author = {Brauch,, Nathalie Bernasconi-Osterwalder,Martin Dietrich Brauch,Martin Dietrich}, title = {{Comparative Commentary to Brazil’s Cooperation and Investment Facilitation Agreements (CIFAs) with Mozambique, Angola, Mexico, and Malawi}}, institution = {International Institute for Sustainable Development}, year = {2015}, month = sep, url = {https://www.iisd.org/articles/policy-analysis/comparative-commentary-brazils-cooperation-and-investment-facilitation}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }