{"id":9034,"date":"2022-10-07T20:57:15","date_gmt":"2022-10-07T18:57:15","guid":{"rendered":"https:\/\/cf.iisd.net\/itn\/?p=9034"},"modified":"2024-08-09T18:32:34","modified_gmt":"2024-08-09T16:32:34","slug":"ec-germany-draft-joint-statement-clarifying-investment-standards-in-ceta","status":"publish","type":"post","link":"https:\/\/www.iisd.org\/itn\/2022\/10\/07\/ec-germany-draft-joint-statement-clarifying-investment-standards-in-ceta\/","title":{"rendered":"EC-Germany draft joint statement clarifying investment standards in CETA"},"content":{"rendered":"<p>The European Commission and the German federal government put together a <a href=\"https:\/\/ec.europa.eu\/commission\/presscorner\/detail\/en\/statement_22_5223\">draft statement<\/a> clarifying the content of the <span class='tooltipsall tooltipsincontent classtoolTips69'>FET<\/span> and indirect expropriation standards in <span class='tooltipsall tooltipsincontent classtoolTips41'>CETA<\/span>. The stated goal of the statement is \u201cto ensure that the parties can regulate in the framework of climate, energy and health policies, inter alia, to achieve legitimate public objectives, while at the same time preventing the misuse of the investor to State dispute settlement mechanism by investors.\u201d<\/p>\n<p>This initiative aims to respond to the calls that the two most invoked investment protection standards unduly hamper the states\u00b4 right to regulate and may be particularly problematic in the context of climate change policies.<\/p>\n<p>The two entities will now seek the support of the remaining <span class='tooltipsall tooltipsincontent classtoolTips117'>EU<\/span> member states before approaching the Canadian government such that the new definition may be adopted by the CETA Joint Committee.<!--more--><\/p>\n<script type=\"text\/javascript\"> toolTips('.classtoolTips41','Comprehensive Economic and Trade Agreement'); <\/script><script type=\"text\/javascript\"> toolTips('.classtoolTips67','Energy Charter Treaty'); <\/script><script type=\"text\/javascript\"> toolTips('.classtoolTips69','fair and equitable treatment'); <\/script><script type=\"text\/javascript\"> toolTips('.classtoolTips106','asociaci\u00f3n p\u00fablica-privada'); <\/script><script type=\"text\/javascript\"> toolTips('.classtoolTips116','European Commission'); <\/script><script type=\"text\/javascript\"> toolTips('.classtoolTips117','European Union'); <\/script>","protected":false},"excerpt":{"rendered":"<p>The European Commission and the German federal government put together a draft statement clarifying the content of the <span class='tooltipsall tooltipsincontent classtoolTips69'>FET<\/span> and indirect expropriation standards in <span class='tooltipsall tooltipsincontent classtoolTips41'>CETA<\/span>.<script type=\"text\/javascript\"> toolTips('.classtoolTips41','Comprehensive Economic and Trade Agreement'); <\/script><script type=\"text\/javascript\"> toolTips('.classtoolTips67','Energy Charter Treaty'); <\/script><script type=\"text\/javascript\"> toolTips('.classtoolTips69','fair and equitable treatment'); <\/script><script type=\"text\/javascript\"> toolTips('.classtoolTips116','European Commission'); <\/script><script type=\"text\/javascript\"> toolTips('.classtoolTips117','European Union'); <\/script><\/p>\n","protected":false},"author":30,"featured_media":15869,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[397],"tags":[],"class_list":["post-9034","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.iisd.org\/itn\/wp-json\/wp\/v2\/posts\/9034","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\/30"}],"replies":[{"embeddable":true,"href":"https:\/\/www.iisd.org\/itn\/wp-json\/wp\/v2\/comments?post=9034"}],"version-history":[{"count":0,"href":"https:\/\/www.iisd.org\/itn\/wp-json\/wp\/v2\/posts\/9034\/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=9034"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.iisd.org\/itn\/wp-json\/wp\/v2\/categories?post=9034"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.iisd.org\/itn\/wp-json\/wp\/v2\/tags?post=9034"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}