{"id":4648,"date":"2017-09-26T05:38:43","date_gmt":"2017-09-26T10:38:43","guid":{"rendered":"http:\/\/www.iisd.org\/itn\/?p=4648"},"modified":"2024-08-09T18:28:03","modified_gmt":"2024-08-09T16:28:03","slug":"eu-and-japan-reach-agreement-in-principle-on-epa-isds-remains-fully-open","status":"publish","type":"post","link":"https:\/\/www.iisd.org\/itn\/2017\/09\/26\/eu-and-japan-reach-agreement-in-principle-on-epa-isds-remains-fully-open\/","title":{"rendered":"EU and Japan reach agreement in principle on EPA; ISDS remains fully open"},"content":{"rendered":"<p>The European Union and Japan <a href=\"http:\/\/europa.eu\/rapid\/press-release_IP-17-1902_en.htm\">announced<\/a> on July 6, 2017 that they reached an <a href=\"http:\/\/trade.ec.europa.eu\/doclib\/docs\/2017\/july\/tradoc_155693.doc.pdf\">agreement in principle<\/a> on the main elements of an Economic Partnership Agreement (EPA). In negotiation since 2013, the treaty will include a specific commitment to the Paris Agreement on climate change. Although negotiations are not yet concluded, the negotiating partners have <a href=\"http:\/\/trade.ec.europa.eu\/doclib\/press\/index.cfm?id=1684\">published certain texts<\/a> covered by the agreement in principle\u2014including chapters on <a href=\"http:\/\/trade.ec.europa.eu\/doclib\/html\/155726.htm\">sustainable development<\/a> and <a href=\"http:\/\/trade.ec.europa.eu\/doclib\/html\/155710.htm\">investment liberalization<\/a>\u2014for information purposes.<\/p>\n<p>Investment protection is outside the scope of the agreement in principle, as the negotiating partners could not agree on the issue of investment dispute resolution. The European Commission, which proposed its reformed Investment Court System (<span class='tooltipsall tooltipsincontent classtoolTips72'>ICS<\/span>) to Japan, <a href=\"http:\/\/trade.ec.europa.eu\/doclib\/docs\/2017\/july\/tradoc_155693.doc.pdf\">clarified<\/a> that \u201cunder no conditions can old-style <span class='tooltipsall tooltipsincontent classtoolTips43'>ISDS<\/span> provisions be included in the agreement.\u201d The negotiating partners are working toward concluding negotiations by the end of 2017.<!--more--><\/p>\n<script type=\"text\/javascript\"> toolTips('.classtoolTips43','investor\u2013state dispute settlement'); <\/script><script type=\"text\/javascript\"> toolTips('.classtoolTips58','soluci\u00f3n de controversias inversionista-Estado'); <\/script><script type=\"text\/javascript\"> toolTips('.classtoolTips65','East African community'); <\/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('.classtoolTips100','investissement direct \u00e9tranger'); <\/script><script type=\"text\/javascript\"> toolTips('.classtoolTips110','inversi\u00f3n extranjera directa'); <\/script><script type=\"text\/javascript\"> toolTips('.classtoolTips116','European Commission'); <\/script><script type=\"text\/javascript\"> toolTips('.classtoolTips117','European Union'); <\/script><script type=\"text\/javascript\"> toolTips('.classtoolTips118','Union europ\u00e9enne'); <\/script><script type=\"text\/javascript\"> toolTips('.classtoolTips119','Uni\u00f3n Europea'); <\/script>","protected":false},"excerpt":{"rendered":"<p>The European Union and Japan announced on July 6, 2017 that they reached an agreement in principle on the main elements of an Economic Partnership Agreement (EPA).<script type=\"text\/javascript\"> toolTips('.classtoolTips65','East African community'); <\/script><script type=\"text\/javascript\"> toolTips('.classtoolTips76','multilateral investment court'); <\/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":[397],"tags":[1926,1929,2044,2096,1920],"class_list":["post-4648","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-eu","tag-ftas","tag-japan","tag-liberalization","tag-sustainable-development"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.iisd.org\/itn\/wp-json\/wp\/v2\/posts\/4648","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.iisd.org\/itn\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.iisd.org\/itn\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.iisd.org\/itn\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.iisd.org\/itn\/wp-json\/wp\/v2\/comments?post=4648"}],"version-history":[{"count":0,"href":"https:\/\/www.iisd.org\/itn\/wp-json\/wp\/v2\/posts\/4648\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.iisd.org\/itn\/wp-json\/wp\/v2\/media\/15869"}],"wp:attachment":[{"href":"https:\/\/www.iisd.org\/itn\/wp-json\/wp\/v2\/media?parent=4648"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.iisd.org\/itn\/wp-json\/wp\/v2\/categories?post=4648"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.iisd.org\/itn\/wp-json\/wp\/v2\/tags?post=4648"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}