One Step Closer: the Canada - EU Investment Court System | King & Spalding
On January 29, 2021, Canada and the European Union (the “ EU”) took additional steps to establish the EU-Canada Comprehensive Economic and Trade Agreement (the “ CETA”) [i] by adopting four decisions required to implement its new dispute resolution system. Pending ratification, the CETA will transform investment protection for Canadian companies and nationals investing in the EU, as well as EU companies and nationals investing in Canada. Investor State Dispute Settlement under the CETA To encourage foreign investors to invest overseas, international arbitration agreements like th...
Source: jdsupra.com