Current Developments

Only a small step forward

The shy contribution of the EU-Vietnam Investment Protection Agreement to the ISDS reform

On June 30th, 2019, the European Union signed a trade agreement and an investment protection agreement with the Socialist Republic of Vietnam. This is the third time the EU has used its exclusive competence in the field of foreign direct investment (FDI) to conclude an investment protection agreement (IPA) vis-à-vis an extra-European country, after CETA’s investment chapter and the EU-Singapore IPA. With this “new generation” of investment treaties, the EU …