| Author (Corporate) | European Commission |
|---|---|
| Series Details | COM (2019) 460 |
| Publication Date | 11/10/2019 |
| Content Type | Policy-making |
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Summary: Proposal presented on 11 October 2019 by the European Commission establishing the position to be taken on behalf of the Union regarding the adoption of rules for mediation for use by disputing parties in investment disputes. Further information: The Comprehensive Economic and Trade Agreement (CETA) between Canada, of the one part, and the European Union and its Member States, of the other part aims to liberalise and facilitate trade and investment, as well as to promote a closer economic relationship between the EU and Canada. The Agreement was signed on 30 October 2016 and has been provisionally applied since 21 September 2017. The Committee on Services and Investment, which addresses inter alia matters concerning cross-border investment, provides a forum for the parties to consult on issues related to Chapter Eight (Investment) of the Agreement. The Committee is to adopt a decision concerning rules for mediation for use by disputing parties in investment disputes. The purpose of the envisaged act is to implement the Agreement by establishing a mediation mechanism to facilitate the finding of a mutually agreed solution between the disputing parties in an investment dispute through a comprehensive and expeditious procedure with the assistance of a mediator. A separate proposal, published on the same date, establishes the position to be taken on behalf of the Union concerning a decision on the adoption of a code of conduct for Members of the Tribunal, the Appellate Tribunal and mediators. |
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| Source Link | Link to Main Source https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=COM:2019:460:FIN |
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| Subject Categories | Trade |
| Subject Tags | External Trade | Trade Agreements |
| Keywords | Comprehensive Economic and Trade Agreement [CETA] |
| Countries / Regions | Canada |
| International Organisations | European Union [EU] |
