Press Release: Investor-state dispute settlement: Council confirms deal with EP

On 4 April 2014, the Permanent Representatives Committee (Coreper) approved, on behalf of the Council of the European Union, an agreement reached with the European Parliament on a framework for managing financial responsibility linked to investor-state dispute settlement proceedings.

The draft regulation, part of a broader European Union framework for investment protection policy, establishes rules for managing the financial consequences of investor-state disputes,specifying how cooperation between the European Commission and the member states should be structured in specific cases.

ESO: Background information: Investor-State Dispute Settlement (ISDS): State of play and prospects for reform http://www.europeansources.info/record/investor-state-dispute-settlement-isds-state-of-play-and-prospects-for-reform/

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