dc.creatorDuarte,Santiago Theoduloz
dc.date2020-09-01
dc.date.accessioned2023-09-25T15:51:46Z
dc.date.available2023-09-25T15:51:46Z
dc.identifierhttp://scielo.iics.una.py/scielo.php?script=sci_arttext&pid=S2304-78872020001600182
dc.identifier.urihttps://repositorioslatinoamericanos.uchile.cl/handle/2250/8831506
dc.descriptionABSTRACT Investment treaties aim to protect the rights of foreign investors and provide legal certainty, generally including an Investor-state dispute settlement (ISDS) system. The increase of criticism towards ISDS -which reached its highest point during the EU-US TTIP negotiations- brought up different concerns. As a result, the Investment Court System (ICS) was developed and incorporated for the first time in the CETA between Canada and the EU, and then in other Free-Trade Agreements (FTA) signed by the EU. However, in the EU-MERCOSUR FTA there is no regulation of a dispute settlement mechanism between investors and States parties. Currently, the United Kingdom (UK) is leaving the EU and negotiations of a new deal with the EU are being developed. In the next stages, the UK will most likely reach different agreements with sovereign states and others commercial blocks. In this sense, there is a possibility that a future EU-UK and UK-MERCOSUR agreement will need to consider whether the ISDS or the ICS will be adopted. Also, MERCOSUR will need to analyse which system it will be willing to adopt in the future in case a dispute settlement between investors and States is adopted, and could even explore a system that includes aspects of both the ISDS and the ICS.
dc.formattext/html
dc.languageen
dc.publisherSecretaría del Tribunal Permanente de Revisión
dc.relation10.16890/rstpr.a8.n16.p182
dc.rightsinfo:eu-repo/semantics/openAccess
dc.sourceRevista de la Secretaría del Tribunal Permanente de Revisión v.8 n.16 2020
dc.subjectInvestment Court System (ISDS)
dc.subjectInvestment Law
dc.subjectFree-Trade Agreement
dc.subjectMultilateral Investment Court
dc.subjectMERCOSUR
dc.titleInvestor-State Dispute Settlement under review; current challenges, lack of regulation in the EU-MERCOSUR agreement and basis for the EU-UK and UK-MERCOSUR FTAs
dc.typeinfo:eu-repo/semantics/article


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