EU External Investment Regulatory Framework between International and EU Law
from Part III - The External Investment System of the EU
Published online by Cambridge University Press: 13 July 2023
The constitutional character of the Lisbon Treaty signalled a new phase of EU engagement with ‘the wider world’. With the foreign direct investment (FDI) competence, EU institutions have assumed the leading role in designing the EU international investment policy (IIP) and the EU has emerged as a new actor in the field of international investment regulation (IIR). The EU IIP and its improved investment standards are implemented in EU international investment agreements (IIAs), post-Lisbon Member States’ bilateral investment treaties (BITs) and the EU proposal for a new Multilateral Investment Court (MIC) in the United Nations Commission on International Trade Law (UNCITRAL).
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