Transcription of CETA: EU and Canada agree on new approach on
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CETA: EU and Canada agree on new approach on
European CommissionDirectorate General for TradePress releaseCANADA | Brussels, 29 February 2016 CETA: EU and Canada agree on new approach oninvestment in trade agreementThis agreement is a clear break from the current ISDS system and shows the commitment to work together toestablish a multilateral investment tribunalAvailable in French and GermanThe European Commission and the Canadian Government have agreed to include a new approach on investmentprotection and investment dispute settlement in the EU Canada Comprehensive Economic and Trade Agreement(CETA).The negotiations on a free trade deal between the European Union and Canada were concluded in 2014 with areformed investment dispute settlement system, notably with full transparency of proceedings and clear andunambiguous investment protection the legal revision of the text, the agreement now reached goes even further.
The original CETA text, published in August 2014 was already the most progressive system for the protection of investment and the settlement of investment disputes.
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