News from the SECO / WTI Academic Cooperation Project
Doctoral student Rodrigo Polanco has recently returned from Lima where he was invited by the Pontifical Catholic University of Peru (PUCP), one of the WTI’s partners in the SECO Project, to teach a four-day course on International Investment Law to students on the Master of International Economic Law programme.
“It’s the first time I’ve taught in Peru but I taught this class for several years in Chile before coming to the WTI,” said Polanco.
The class – more than 50 attended – was opened to government officials and exchange students from Chile and Colombia. In addition Polanco held a meeting with Master’s students who are writing their thesis on investment.
Classes were taught in the evening, and during the day PUCP had arranged meetings with the Ministry of Foreign Affairs, the Ministry of Trade and Tourism, arbitrators and the American Chamber of Commerce.
In Peru investment is “a hot topic”, according to Polanco, and there is great interest in the treaties that regulate foreign investment. There have been several investment disputes but Peru has only lost one case. This positive balance means Peru has a different outlook on disputes from many other countries.
“I was amazed that people in the government are very proactive, they wanted to know about new trends in investment and how they can avoid disputes, and they wanted my take on how to improve the system,” he said.
“All the credit goes to the organisers because they really set up a very interesting meeting schedule,” he added.
“It was a very rewarding experience.”