Last year the European Commission announced plans to establish a Multilateral Investment Court (MIC) in its attempt to reform the investment arbitration system, known as ISDS. However, the proposal has received little public scrutiny so far. Now five civil society organisations are organising a public event with international experts to discuss the MIC and examine alternative approaches.
That clause does not constitute discrimination on grounds of nationality, is compatible with the preliminary ruling mechanism and does not undermine either the allocation of powers fixed by the Treaties or the autonomy of the EU legal system
View in one post all the proposals that form part of the announcements Commission President Juncker made in today’s State of the Union.
The Belgian government has today announced that it will refer to the European Court of Justice the question of whether the investment tribunals in the EU-Canada trade deal CETA are consistent with EU law.
Johannes Hahn, Commissioner for European Neighbourhood Policy and Enlargement Negotiations, will travel to Durrës, Albania, on Saturday 26 August, to attend the informal meeting of the Prime Ministers of the Western Balkans Six. The focus of the meeting will be on boosting the implementation of the commitments taken at the Trieste Summit in July 2017, especially the action plan on the deepening of regional economic integration. The Regional Economic Area agreed at the Trieste Summit will provide new opportunities for businesses and citizens alike and strengthen growth and jobs. The next concrete steps include the mutual recognition of professional qualifications, identifying and scrapping red tape and regulatory barriers that impede trade and investment in the region, setting up a regional dialogue on digital transformation, and launching negotiations on a dispute settlement mechanism. The European Commission strongly supports the Western Balkans’ regional co-operation as an integral part of their EU accession perspective, through substantial investments in connecting infrastructure, economies and people within the region itself and between the Western Balkans’ region and the European Union. Videos and photos of the visit will be available on EbS. (For more information: Maja Kocijancic – Tel.: +32 229 86570)
Source: European Commission