With eleven EU Member States yet to ratify the EU-Canada Comprehensive Economic and Trade Agreement (CETA), the Commission proposed on Monday 29 August to clarify the details of the document. The aim is to give more precise definitions to the concepts of “indirect expropriation” and “fair and equitable treatment” for investors. It should also help prevent investors from abusing the investor-state dispute settlement mechanism.
The text is the result of discussions with Germany, which plans to ratify the CETA before the end of the year (see EUROPE 12989/18).
It must be agreed by all Member States before being submitted to the Joint Committee within CETA for adoption. (Original version in French by Léa Marchal)