Prospects for a Multilateral Investment Court

Since 2015, the European Commission has worked on the establishment of a Multilateral Investment Court (MIC). The purpose of this court is to have a permanent international body that can settle investment disputes between investors and states. The MIC would replace the current system of investor-to-state dispute settlement (ISDS) based on ad hoc commercial arbitration, which has become controversial over the past few years

• Primary Source

ESO: Background information: European Commission and Canadian Government co-host discussions on a multilateral investment court http://www.europeansources.info/record/european-commission-and-canadian-government-co-host-discussions-on-a-multilateral-investment-court/

European Commission: Trade Policy: Accessing markets: Dispute settlement http://ec.europa.eu/trade/policy/accessing-markets/dispute-settlement/

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