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The European Union and International Investment Law - The Two Dimensions of an Uneasy Relationship (Hardcover)
Loot Price: R3,399
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The European Union and International Investment Law - The Two Dimensions of an Uneasy Relationship (Hardcover)
Series: Studies in International Trade and Investment Law
Expected to ship within 10 - 15 working days
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This book explores the interaction between the EU and international
investment law, both at the internal level, namely within the EU
internal market, and at the external level, i.e. in the context of
its relations with third States. The joint treatment of these
dimensions reveals that the EU has assumed an ostensibly ambivalent
attitude towards international investment law. At the internal
level, it has consistently asserted that intra-EU international
investment agreements (IIAs) are not compatible with EU law and
advocated their termination. At the external level, by contrast, it
has eagerly deployed IIAs to develop its post-Lisbon international
investment policy. The book finds that beneath this apparent
ambivalence towards international investment law ultimately lies
the EU's attempt to impose, both internally and externally, its own
original model of regulation of cross-border investment. It then
argues that the EU adopted this approach with a view to supporting
its internal market, enhancing its external influence, and,
ultimately, pursuing long-term 'federal aspirations'. Finally, the
book identifies the legal and political obstacles that have
curtailed the EU's efforts at both the internal and the external
level.
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