{"id":11860,"date":"2018-04-24T08:48:29","date_gmt":"2018-04-24T06:48:29","guid":{"rendered":"http:\/\/172.30.141.17\/2018\/04\/24\/council-of-the-european-union-adopts-negotiating-directives-eu-commission-to-negotiate-a-convention-establishing-a-multilateral-investment-court\/"},"modified":"2024-08-16T20:11:01","modified_gmt":"2024-08-16T18:11:01","slug":"council-of-the-european-union-adopts-negotiating-directives-eu-commission-to-negotiate-a-convention-establishing-a-multilateral-investment-court","status":"publish","type":"post","link":"https:\/\/www.iisd.org\/itn\/es\/2018\/04\/24\/council-of-the-european-union-adopts-negotiating-directives-eu-commission-to-negotiate-a-convention-establishing-a-multilateral-investment-court\/","title":{"rendered":"Council of the European Union adopts negotiating directives: EU Commission to negotiate a convention establishing a multilateral investment court"},"content":{"rendered":"<p>On March 20, 2018, the <a href=\"http:\/\/www.consilium.europa.eu\/en\/press\/press-releases\/2018\/03\/20\/multilateral-investment-court-council-gives-mandate-to-the-commission-to-open-negotiations\/\">Council of the European Union<\/a> adopted <a href=\"http:\/\/data.consilium.europa.eu\/doc\/document\/ST-12981-2017-ADD-1-DCL-1\/en\/pdf\">negotiating directives<\/a> authorizing the <a href=\"http:\/\/trade.ec.europa.eu\/doclib\/press\/index.cfm?id=1819\">European Commission<\/a> to negotiate a\u00a0convention establishing a multilateral court for the settlement of investment disputes. On the basis of this mandate, the Commission intends to start negotiations in the framework of the\u00a0United Nations Commission on International Trade Law (<span class='tooltipsall tooltipsincontent classtoolTips3'>UNCITRAL<\/span>).<\/p>\n<p>The multilateral investment court (<span class='tooltipsall tooltipsincontent classtoolTips76'>MIC<\/span>) envisioned by the European Union would be a permanent international institution to adjudicate disputes under both existing and future investment treaties. It would include an appeals mechanism and provisions on procedural transparency as well as the impartiality and independence of adjudicators. The MIC would eventually replace the bilateral <a href=\"https:\/\/www.iisd.org\/itn\/tag\/investment-court-system-ics\/\">Investment Court Systems (<span class='tooltipsall tooltipsincontent classtoolTips72'>ICS<\/span>)<\/a> included in <span class='tooltipsall tooltipsincontent classtoolTips117'>EU<\/span> agreements.<\/p>\n<script type=\"text\/javascript\"> toolTips('.classtoolTips3','United Nations Commission on International Trade Law'); <\/script><script type=\"text\/javascript\"> toolTips('.classtoolTips32','International Institute for Sustainable Development<!--more-->'); <\/script><script type=\"text\/javascript\"> toolTips('.classtoolTips33','Institut international du d\u00e9veloppement durable'); <\/script><script type=\"text\/javascript\"> toolTips('.classtoolTips34','Instituto Internacional para el Desarrollo Sostenible'); <\/script><script type=\"text\/javascript\"> toolTips('.classtoolTips60','Investment Treaty News'); <\/script><script type=\"text\/javascript\"> toolTips('.classtoolTips67','Energy Charter Treaty'); <\/script><script type=\"text\/javascript\"> toolTips('.classtoolTips72','Investment Court System'); <\/script><script type=\"text\/javascript\"> toolTips('.classtoolTips76','multilateral investment court'); <\/script><script type=\"text\/javascript\"> toolTips('.classtoolTips106','asociaci\u00f3n p\u00fablica-privada'); <\/script><script type=\"text\/javascript\"> toolTips('.classtoolTips114','Sistema de Tribunales de Inversiones'); <\/script><script type=\"text\/javascript\"> toolTips('.classtoolTips116','European Commission'); <\/script><script type=\"text\/javascript\"> toolTips('.classtoolTips117','European Union'); <\/script>","protected":false},"excerpt":{"rendered":"<p>On March 20, 2018, the Council of the European Union adopted negotiating directives authorizing the European Commission to negotiate a\u00a0convention establishing a multilateral court for the settlement of investment disputes.<script type=\"text\/javascript\"> toolTips('.classtoolTips67','Energy Charter Treaty'); <\/script><script type=\"text\/javascript\"> toolTips('.classtoolTips116','European Commission'); <\/script><script type=\"text\/javascript\"> toolTips('.classtoolTips117','European Union'); <\/script><\/p>\n","protected":false},"author":1,"featured_media":15869,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1259],"tags":[2294,2348,2452,2596],"class_list":["post-11860","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-eu-es","tag-investment-court-system-ics-es","tag-multilateral-investment-court-mic-es","tag-uncitral-es"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.iisd.org\/itn\/es\/wp-json\/wp\/v2\/posts\/11860","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.iisd.org\/itn\/es\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.iisd.org\/itn\/es\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.iisd.org\/itn\/es\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.iisd.org\/itn\/es\/wp-json\/wp\/v2\/comments?post=11860"}],"version-history":[{"count":0,"href":"https:\/\/www.iisd.org\/itn\/es\/wp-json\/wp\/v2\/posts\/11860\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.iisd.org\/itn\/es\/wp-json\/wp\/v2\/media\/15869"}],"wp:attachment":[{"href":"https:\/\/www.iisd.org\/itn\/es\/wp-json\/wp\/v2\/media?parent=11860"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.iisd.org\/itn\/es\/wp-json\/wp\/v2\/categories?post=11860"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.iisd.org\/itn\/es\/wp-json\/wp\/v2\/tags?post=11860"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}