International Investment Agreements Provisions and Foreign Direct Investment Flows in the Regional Comprehensive Economic Partnership Region

The international investment agreements (IIAs) are a strategic policy instrument that member countries could use to achieve win-win cooperation. Meanwhile, the extension of Association Southeast Asian Nations (ASEAN) membership toward Regional Comprehensive Economic Partnership (RCEP) has induced rich and deep agreement challenges ASEAN take advantage. This study demonstrates effects provisions in on bilateral foreign direct (FDI) RCEP economies. It also investigates effect creation diversion region. Using panel data during period 2009 2018 Driscoll-Kraay standard errors estimator, results show re-lationship between inward FDI IIAs positive significant. Likewise, protection, promotion treaties have significant FDI. Moreover, findings indicate tends cause region; it is stepping stone road framework for sustainable development.