Chapter 13: INTERACTIONS (2): INTERNATIONAL INVESTMENT LAW AND EUROPEAN UNION LAW
This chapter briefly explores the relationships between international investment law and EU law. It focuses first on the ‘intra -EU’ dimension of the issue, which seems to evolve towards a termination of BITs between Member States. The chapter then addresses the external dimension of the matter. The EU is indeed trying to build a common policy regarding foreign investment, including a slight reform of substantive rules of protection and an important change in the dispute settlement mechanism which may replace arbitration in the long run.
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