Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/213913 
Year of Publication: 
2020
Series/Report no.: 
European Yearbook of International Economic Law
Publisher: 
Springer Open, Berlin
Abstract: 
This open access book considers the potential setup for a future Multilateral Investment Court (MIC). The option of an MIC was first discussed by the EU Commission in 2016 and has since been made an official element of the EU Common Commercial Policy. In 2017, UNCITRAL also decided to discuss the possibility of an MIC, and on 20 March 2018, the Council of the EU gave the EU Commission the mandate to negotiate the creation of an MIC. The "feasibility study" presented here is intended to contribute to a broader discussion on the options for a new international court specialized in investment protection. The cornerstones of such a new permanent court are a strict orientation on the rule of law, reduced costs of investment protection, transparency considerations, aspects of consistency in case law, and the effective enforceability of MIC decisions.
Subjects: 
Bilateral Arbitral Tribunals
Investment Courts
Multilateral Investment Courts
Investor-State Dispute Settlement
UNCITRAL
Persistent Identifier of the first edition: 
ISBN: 
978-3-662-59732-3
Creative Commons License: 
cc-by-nc-nd Logo
Document Type: 
Book
Document Version: 
Published Version
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