Establishment of a multilateral investment court for investment dispute resolution

Published on September 9, 2016 - 14:26

In line with its Better Regulation agenda the Commission publishes roadmaps at the very beginning of the legislative process setting out its initial ideas for a legislative proposal. On 1 August 2016 the Commission published its roadmap for a Council Decision proposal authorising the Commission to negotiate a Convention to establish a multilateral court on investment. 

In this briefing T&E welcomes a public debate on this controversial issue, and the initiative to provide feedback on the initial roadmap and through a public consultation. Additionally, we welcome the Commission’s intentions to abandon the controversial private arbitration, the establishment a permanent multilateral Investment Court System (ICS) could be a solution. However, the details of the legal and democratic construction of such a court remains to be see.

The Commission intends to consult all stakeholders at a conference in the second part of 2016.

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