CJEU Opinion on the EU-Singapore Agreement
29-05-2017
In 2015, the European Commission requested the opinion of the Court of Justice of the EU (CJEU) on the competence for conclusion of the EU-Singapore Free Trade Agreement (EUSFTA). The CJEU issued its opinion on 16 May 2017, holding that the EUSFTA covers shared competences with respect to: (i) non-direct foreign investment, (ii) investor-state dispute settlement (ISDS), and (iii) state-to-state dispute settlement relating to provisions regarding portfolio investment and ISDS. In its current form, ...
In 2015, the European Commission requested the opinion of the Court of Justice of the EU (CJEU) on the competence for conclusion of the EU-Singapore Free Trade Agreement (EUSFTA). The CJEU issued its opinion on 16 May 2017, holding that the EUSFTA covers shared competences with respect to: (i) non-direct foreign investment, (ii) investor-state dispute settlement (ISDS), and (iii) state-to-state dispute settlement relating to provisions regarding portfolio investment and ISDS. In its current form, therefore, the agreement would need to be concluded as a ‘mixed agreement’.