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After intra-EU BITs and the ECT, the EU needs to abandon extra-EU BITs: For legal, energy and climate policy, and political economy reasons

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  • Brauch, Martin Dietrich
  • Mayr, Stefan
  • Luthin, Carl Frederick

Abstract

After terminating intra-EU bilateral investment treaties (BITs) and withdrawing from the Energy Charter Treaty, the EU and its member states should terminate BITs with extra-EU partners. Extra-EU BITs risk undermining the autonomy of EU law, hinder EU energy and climate goals, and fail to establish balanced sustainable investment partnerships.

Suggested Citation

  • Brauch, Martin Dietrich & Mayr, Stefan & Luthin, Carl Frederick, 2024. "After intra-EU BITs and the ECT, the EU needs to abandon extra-EU BITs: For legal, energy and climate policy, and political economy reasons," Columbia FDI Perspectives 394, Columbia University, Columbia Center on Sustainable Investment (CCSI).
    • Handle: RePEc:zbw:colfdi:305243
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