The EU and the Reform of the Investment Protection Regime

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Svoboda, Ondřej
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The enlargement of the European Union’s (EU) exclusive competence in foreign direct investment (FDI) through the Lisbon Treaty has had profound implications. The EU has become an actor in the global investment regime and has begun to develop its own investment policy, including by negotiating international investment and comprehensive trade and investment agreements with third parties. Considering the magnitude of the EU economy and the fact that the EU Member States have concluded almost 1,400 bilateral investment treaties (BITs) out of the roughly 3,300 BITs in force worldwide, Europe’s potential influence over the international investment system is enormous. Consequently, an increasing number of lawyers and political scientists have become interested in the EU’s role in FDI. Three studies published by Routledge during the last three years reflect this trend. And each study offers different and valuable perspectives on the EU’s role in FDI.
European Union, diplomacy, bilateral negotiations, review
Svoboda O. The EU and the Reform of the Investment Protection Regime [review] / Ondřej Svoboda // Kyiv-Mohyla Law and Politics Journal. - 2020. - No. 6. - P. 221-227. - Рецензія на кн.: Basedow, Johann Robert. The EU in the Global Investment Regime: Commission Entrepreneurship, Incremental Institutional Change and Business Lethargy London and New York: Routledge, 2017. 247 pp. - Рецензія на кн.: Wu, Chien-Huei, Gaenssmantel, Frank (eds.) Law and Diplomacy in the Management of EU-Asia Trade and Investment Relations London and New York: Routledge, 2019. 260 pp. - Рецензія на кн.: Li, Yuwen, Qi, Tong, Bian, Cheng (eds.) China, the EU and International Investment Law: Reforming InvestorState Dispute Settlement London and New York: Routledge, 2019. 248 pp.