This agreement aims at further protection and promotion of investment between the contracting parties.
This termination agreement marks the culmination of the European Commission’s and several Member States’ efforts to abolish intra-EU investment arbitration proceedings from the European legal order.
The leaked treaty for the termination of intra-EU BITs can be seen as the culmination of an ongoing effort by the EU Commission to discourage investment arbitration between Member States, reflecting a tension between public international law and EU law.
Proper mandatory licenses will be exempt from claims for expropriation under the China BIT model.
The phase two agreement is to be digitally focused and could include a US-China bilateral trade agreement.
The European Union said it was hopeful of forward movement in negotiations with India on the long-pending free trade agreement, and favoured opening separate talks for an investment protection treaty.
Most Bilateral Investment Treaties (BITs) are not just used by investors to inform their investment decisions, but are increasingly becoming tools used to sue States in a foreign or international court.
This is the first comprehensive, high-level bilateral agreement China has ever signed with foreign businesses to protect geographic indication.
China’s all-consuming focus on sealing a US trade deal forced its top trade negotiator to cancel a trip to Brussels, raising the risk of Europe being pushed “off a cliff”.
Civil society and trade union statement to oppose the recent World Bank Court ruling against Tanzania.
EU Member States committed to terminate their intra-EU bilateral investment treaties in a coordinated manner by means of a plurilateral treaty.
The growing number of legal suits that multinational companies are bringing against Tanzania and other African countries is a major concern.
Taiwanese President received a Dutch parliamentary and think-tank delegation, expressing the hope that it would help push for the signing of a bilateral investment agreement between Taiwan and the EU.
Japan and Georgia are expected to conclude an investment agreement this year, paving the way for negotiations on a wider free trade agreement.
Leaders on both sides agreed that the negotiations will lead to decisive progress by the end of the year, allowing a high-quality agreement to be concluded in 2020.
The 15 bills include the act to ratify the Bilateral Investment Treaty with the United Arab Emirates, the investment agreement with Morocco and the ECOWAS custom code.
Rwandan and Central African Presidents witnessed the signing of a bilateral investment treaty.
China and the EU are on track to reach a comprehensive bilateral investment treaty (BIT) by 2020, as the two sides are making "positive" progress and accelerating their negotiations, fueled by rising urgency created by the US’ trade protectionism against both Beijing and Brussels.
While India has not yet signed the Regional Comprehensive Economic Partnership agreement, it has accepted suggestions of other countries regarding rules on investments.