Prospects for a Multilateral Investment Court
At a Glance
14-06-2017
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.
At a Glance
About this document
Publication type
Policy area
Keyword
- appeal
- civil proceedings
- EU legal system
- European construction
- EUROPEAN UNION
- European Union law
- FINANCE
- financing and investment
- foreign investment
- international court
- international trade
- investment abroad
- investment protection
- justice
- LAW
- organisation of the legal system
- TRADE
- trade agreement (EU)
- trade dispute