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Venezuela ratifies BIT with China; parties agree to investor-state arbitration covering full range of investment protection standards, reaffirm right to regulate and protect security interests, and target dual nationals and round-trip investments
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European consultative body suggests striking deals with non-EU countries to deactivate ECT’s sunset clause
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[Updated] Following storming of Parliament, contested territory of Abkhazia decides that it won’t ratify investment treaty with Russia
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Analysis: India’s new investment treaty with the United Arab Emirates indicates shift towards increased regulation of ISDS process and safeguard of state’s regulatory powers
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[Updated with treaty text] India announces entry into force of new BIT with United Arab Emirates
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Ireland to leave the Energy Charter Treaty
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EU Council formally approves “Belgian roadmap” for ECT, deciding that the EU and Euratom will exit the treaty without preventing adoption of modernized text
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United Kingdom withdraws from the Energy Charter Treaty
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EU Commission publishes draft decision of CETA Joint Committee to ensure access of natural persons and SMEs to investor-state dispute settlement
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EU Parliament votes in favor of EU’s withdrawal from Energy Charter Treaty
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UNCITRAL WG III finalizes draft statute of Advisory Center on international investment dispute resolution
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[Updated] European Commission sets out 3-pillar process for implementation of coordinated withdrawal from Energy Charter Treaty, modernisation process, and exclusion of intra-EU arbitrations
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Portugal denounces Energy Charter Treaty; contracting parties will need to designate new depositary
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France and Germany submit notes verbales addressing consequences of their withdrawal from Energy Charter Treaty
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European Commission proposes draft Council decisions that would not block adoption of modernized ECT
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Honduras exits ICSID Convention
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United Kingdom leaves Energy Charter Treaty over failed modernisation process
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CETA parties agree on substance of interpretative statement regarding investment provisions
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Ukraine government proposes denunciation of Belarus-Ukraine BIT
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Latest session of UNCITRAL Working Group III results in new drafts on advisory centre and means of preventing and mitigating investment disputes; delegates also debated draft provision on damages in ISDS
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European Commission releases non-paper containing model clauses for bilateral investment treaties between EU member states and third countries
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UK may withdraw from ECT if modernization is not approved by November 2023
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Analysis: Kenya-Singapore BIT enters into force; treaty contains tobacco, taxation, and social and health exclusions, alongside traditional standards of protection
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Ukraine one step closer to denouncing Russia-Ukraine BIT
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