The European Union’s Investment Policy – The Effects of the Achmea Case and the 2020 Termination Agreement of Intra-EU BITs1
The European Union’s Investment Policy – The Effects of the Achmea Case and the 2020 Termination Agreement of Intra-EU BITs1

Summary/Abstract: The increasing involvement of the European Union (EU) in the field of investment protection has been a source of several conflicts in the recent years. Also, this phenomenon has led to significant changes in international and EU investment protection regulations and related dispute settlement or even arbitration procedures. In this article, we briefly present what investment protection usually means and how investment protection law has developed. Later on, we cover the investment protection policy of the EU, including its regulations and reform efforts related to investment protection. Last but not least, we highlight the problems of investment protection litigation in the EU, based on a judgment of the CJEU and a multilateral agreement between Member States (Termination Agreement).

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