Agreement for the termination of Bilateral Investment Treaties between the Member States of the European Union

Summary: The termination agreement implements the March 2018 European Court of Justice judgment (Achmea case), where the Court found that investor-State arbitration clauses in intra-EU bilateral investment treaties (“intra-EU BITs”) are incompatible with the EU Treaties.

Signed: 05/05/2020

pdf file1242_Agreement in English.pdf (4.12 MB)