On 24 October 2019 EU Member States reached agreement on a plurilateral treaty for the termination of intra-EU bilateral investment treaties (BITs). The agreement follows the declarations of 15 and 16 January 2019 on the legal consequences of the judgment of the Court of Justice in Achmea and on investment protection in the European Union, where member states committed to terminate their intra-EU BITs.

In light of the January Declarations the Commission will intensify discussions with Member States with the aim of better ensuring complete, strong and effective protection of investments within the European Union.

Files

DownloadPDF - 106.8 KB

Related information

  • Capital movements

    Capital movements

    Find information on the right to the free movement of capital in the EU, including its legal basis, monitoring, and investment outside of the EU.

  • Financial markets

    Financial markets

    Better governance of financial instruments, trade in securities and investment funds and legislation to make post-trade services safer and more efficient.