Towards a New Leadership in Global Investment Governance?
Edited by Julien Chaisse
Chapter 12: Toward an EU-Taiwan bilateral investment treaty: a roadmap
In its latest trade strategy document, released in 2015, Trade for All, the EU declared that ‘[B]uilding on the investment provisions under negotiation with China, the EU will explore launching negotiations on investment with Hong Kong and Taiwan.’ Such a proposal has been welcomed by Taiwan, but the road toward an EU-Taiwan bilateral investment treatment (BIT) is destined to be long and tortuous. In view of these uncertainties, this chapter aims to probe the possible course of the EU-Taiwan BIT negotiations and outline a roadmap. The chapter first portrays current political and economic relations between the EU and Taiwan and then explores the possible form of the envisaged EU-Taiwan BIT by examining such critical issues as the contracting parties, the design of investor-State dispute settlement, the investment court proposal by the EU and the sequence in which the EU might conclude BITs with China and Taiwan.
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