ECJ says member states must sign off on ISDS
All 28 - soon to be 27 - EU member states must sign off on trade agreements involving ISDS, the ECJ has ruled (Credit: istock.com/ziss)
The European Court of Justice has found that an EU trade agreement providing for investor-state dispute settlement must be ratified individually by member states – a ruling that one arbitration practitioner says has effectively “destroyed” the EU’s hopes for a new generation of trade deals that include investment protection.
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