This week has seen two ‘strategic’ initiatives: the launch of a new paper on EU-US relations and the upgrading of EU-ASEAN relations post RCEP. Here other developments of potential interest. Dombrovksis talks to French Senate – Paris CETA ratification date unclear Nobody knows yet when the French government will put …
ISDS MIC ICS
Interview: A new Energy Charter Treaty as a complement to the Paris Agreement
In an interview with Borderlex, the Energy Charter Treaty’s secretary-general Urban Rusnák said: “In one or two years I expect to have a new Energy Charter Treaty as complement to the Paris climate agreement.“
EU China investment agreement – where are negotiations at?
The European Union and China have been negotiating a bilateral investment agreement for seven years. Are they anywhere close to concluding a deal? It is not yet entirely clear how mature the negotiations are with China nor how close the parties to having close-to-consolidated treaty language ready for politicians to …
Week in Brussels: Hogan on Azevêdo, G20, Turkish steel, Com sues Finland and UK on BITs
It’s been quite a week, with the World Trade Organization’s chief resigning on Thursday, adding another twist to the ongoing drama in the world trading system. But other news have been drowned in the process. A selection below. Hogan wants to move fast to replace WTO’s Azevêdo The European Union’s …
Intra EU BIT termination leads to Energy Charter Treaty focus
The process of ending intra-European Union bilateral investment treaties has created much bitterness and resentment between the European Commission and member states as well as among EU capitals. It is now coming to an end although a big battle still lies in an Energy Charter Treaty context. The long-standing internal …
ECJ gives green light to CETA investment court
In a landmark opinion released today the Court of Justice of the European Union ruled that the ‘investment court system’ established between the European Union and Canada to resolve disputes between international investors and host jurisdictions covered by the agreement is compatible with EU law. The main issue was whether …
Singapore IPA: Commission tells MEPs cancelling existing bilateral BITs is first priority
MEPs are preparing the ground to ratify the EU-Singapore free trade and investment protection agreements in the hope this can be done early next year. “We have kept waiting our Singaporean friends for quite some time,” David Martin, rapporteur on ASEAN trade, said during today’s trade committee meeting. The original …
Comment: UNCITRAL and the future of ISDS – fix it or nix it?
The United Nations Commission on International Trade Law has an opportunity this week to keep pace with the other developments around the world challenging ISDS by using bold and creative thinking. Such innovation is not beyond UNCITRAL’s mandate, argues Rob Howse. Nothing unites critics of globalization these days …
Week ahead in EU trade: INTA, MIC, Mercosur, Tunisia, trade remedies, UK customs union
Put on your seatbelt and get prepared for a crazy ride this week.
UNCTAD: investment protectionism on rise
There was a significant increase in investment policies that restrict foreign investments over the last six months, according to UNCTAD, the United Nations trade and investment policy advisory body. The period from November 2017 to February 2018 “saw a remarkable increase in investment restrictions or regulations”, UNCTAD’s latest Investment …