The EU's Approach to Investor-State Arbitration in the Comprehensive Economic and Trade Agreement (CETA)
Article from: TDM 1 (2016), in Comprehensive Economic and Trade Agreement between the European Union and Canada (CETA)
Abstract
On 26 September 2014, the EU and Canada officially finished their negotiations of the Comprehensive Economic and Trade Agreement (CETA) and decided despite widespread criticism, to provide in the agreement's investment chapter for a controversial investor-state arbitration mechanism. However, much has changed between officially finishing the negotiations in 2014 and releasing the final, legal-scrubbed text on 29 February 2016. In an attempt to overcome the legitimacy concerns regarding the traditional functioning of investor-state dispute settlement (ISDS), the EU and Canada ...