LÓPEZ RODRÍGUEZ, ANA MERCEDES
No
Cuad. Europeos Deusto
Article
Científica
01/01/2017
000472081500002
2-s2.0-85043530780
With the entry into force of the Lisbon Treaty in 2009 the European Union has taken an exclusive competence on foreign direct investments (art. 207 TFEU). Together with the common commercial policy, it is now one of the main pillars of the external action of the EU. The Union has seen this new competence as a good opportunity to undertake a comprehensive regulation of trade and investment issues at the European level, including a major reform of the traditional mechanisms of Investor-State Dispute Settlement (ISDS). The proposed reforms include the creation of an International Investment Court, but this proposal is controversial and faces potential legal pitfalls from the point of view of EU law.
Foreign investments; ISDS; International Investment Court; TTIP; CETA