Dispute settlement in EUVIPA – A mechanism to outdate the traditional ISDS or the creation of new challenges?
The Investment Court System (ICS), developed and introduced by the European Union (EU) as a fresh approach to the Investor-State Dispute Settlement (ISDS)[1] in the new generation of free trade agreements (FTA), has been incorporated to the EU – Viet Nam Investment Protection Agreement (EUVIPA). EU claims ICS to be a new mechanism to replace…