ISDS MIC ICS

Week in Brussels: Hogan on Azevêdo, G20, Turkish steel, Com sues Finland and UK on BITs
A week in Brussels ISDS MIC ICS Latest news Steel Trade defence World Trade Organization

Week in Brussels: Hogan on Azevêdo, G20, Turkish steel, Com sues Finland and UK on BITs

It’s been quite a week, with the World Trade Organization’s chief resigning on Thursday, adding another twist to the ongoing drama in the world trading system. But other news have been drowned in the process. A selection below. Hogan wants to move fast to replace WTO’s Azevêdo The European Union’s …

The ECJ concluded that CETA contains sufficient safeguards to ensure the independence of the judges of the CETA tribunals
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ECJ green light to CETA investment court gives EU free rein on global stage

On Tuesday (April 30), the European Court of Justice (ECJ) issued its long-awaited opinion on the question raised by Belgium whether the investment court system (ICS), which encompasses a tribunal and appellate tribunal, is compatible with EU law. The approval of the ECJ not only removes the remaining obstacle for …

Mauritius is determined to continue to drum up support for the MIC proposal
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ISDS reforms: Multilateral Investment Court faces resistance but specific reform processes get rolling

At its last meeting in New York UNCITRAL Working Group III on reforms of investor-state dispute settlement pushed back on proposals for an EU-sponsored multilateral investment court (MIC). But participants managed to agree to continue working on a general approach to reforms and to specific changes. More than 100 governments …