Investor State Arbitration under CETA: Key Provisions and What to Watch for in 2017 (Baker & McKenzie)
The Comprehensive Economic and Trade Agreement (‘CETA’) between the European Union and Canada was signed October 30, 2016. The ICS will effectively replace the investor-state arbitration provisions in the 8 existing bilateral investment agreements between EU Member States and Canada. The ICS is described in the Joint Interpretive Instrument on CETA between Canada and the EU as “an important and radical change in investment rules and dispute resolution.”
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