Download — EESC opinion: Multilateral investor-state arbitration court: assessment of the UNCITRAL process and its achievements in light of civil society recommendations
Since the entry into force of the Lisbon Treaty, the investment policy is an exclusive competence of the European Union. The EU is aiming to include therefore in the new trade and investment agreements provisions on investor protection and investor to state dispute settlement (ISDS) which will replace existing Bilateral Investment Agreements (BIT) signed by Member States and will grant the same level of protection to all EU investors.
The EESC opposes ISDS in TTIP and CETA and calls for an International Investment Court
