somes

Approval of EU-Singapore Investment Protection Agreement

Summary

The European Parliament has approved the Investment Protection Agreement with Singapore, introducing a new, transparent court system for resolving investment disputes while protecting the right to regulate.
10 13.02.2019
Other
economy
environment
human rights
public administration
international relations

Key points

  • The European Parliament has given its consent to the conclusion of the Investment Protection Agreement with Singapore.
  • This agreement replaces older, outdated bilateral investment treaties between several EU Member States and Singapore.
  • A new Investment Court System is established, featuring a permanent tribunal of first instance and an appellate tribunal.
  • The agreement includes safeguards to protect the right of states to regulate for public health and environmental protection.
Documents (PDFs)
RECOMMENDATION on the draft Council decision on the conclusion on behalf of the European Union of the Investment Protection Agreement between the European Union and its Member States, of the one part, and the Republic of Singapore, of the other part EU-Singapore Investment Protection Agreement ***
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