The continued lack of adequate investment protection in Europe
In my newest blogpost for the EFILAblog I discuss the broader context of the newest statistics on investment treaty arbitration disputes published by UNCTAD.
It is interesting to note that European States are very often Respondent and that the ECT is the most frequently used treaty.
One conclusion is that the Rule of Law track record of many European States is rather poor.
This is also confirmed by the various indices, which clearly show that the “Nordic” European countries have a much better track record than the “Souther” and “Eastern” European counrtries.
This is an inconvenient truth, but which must be accepted and dealt with by the European Commission and the States themselves by actively improving the Rule of Law situation in these countries rather than terminating investment treaties.