Netherlands Will Look To Terminate Its EU Investment Pacts
By Caroline Simson (May 1, 2018, 7:25 PM EDT) -- The Netherlands intends to terminate its bilateral investment treaty with Slovakia following a groundbreaking decision issued earlier this year by Europe's top court, and the country says that a multilateral treaty should be used to terminate other member states' investment treaties within the bloc as well.
Dutch Minister for Foreign Trade and Development Cooperation Sigrid A.M. Kaag told the Dutch Parliament's lower house in an April 26 letter that, following the decision in March of the European Court of Justice concluding that an arbitration clause in a Dutch-Slovak investment treaty is incompatible with EU law, the Dutch government sees no other...
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