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Estonia · Law · SE

672

Act on the ratification of the agreement on the amendment and termination of the agreement on the mutual promotion and protection of investments between the Republic of Estonia and the Republic of Poland

avaldatud riigiteatajasEstonia· Riigikogu· ET

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22 August 2018

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AVALDATUD_RIIGITEATAJAS

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24 October 2018

Summary

Termination of the agreement is necessary to ensure equal treatment of investors from all EU member states as a result of the legislation of the European Union. Investment promotion and protection agreements deal with areas regulated by EU law - in particular freedom of establishment and free movement of capital and payments. Thus, the protection of member states' investments and the equal treatment of investors is regulated by EU law and bilaterally by member states contracts have no substantive meaning. Among the EU member states, Estonia has concluded investment protection agreements with Austria, Spain, the Netherlands, Greece, Lithuania, Latvia, France, Sweden, Germany, Finland and the United Kingdom. In the past, Estonia has concluded similar agreements with Italy, the Czech Republic and Denmark. The foreign committee was appointed as the leading committee.

Machine translation from Estonian. The official text remains authoritative.

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