The Treaty of Lisbon (2009) has brought foreign direct investment
(FDI) within the scope of the European Union's common commercial
policy (CCP). In light of this development, this book analyses the
internal and external dimension of EU law and policy in the field
of FDI. It takes four perspectives: (i) the operation of the
internal market mechanism to direct investment; (ii) the
implications of the Lisbon amendments to the CCP under Article 207
TFEU for the Union's competence and practice in the field of FDI;
(iii) the interaction between EU law and Member States' bilateral
investment treaties (BITs) with third countries; (iv) the interplay
between EU law and BITs that are currently in force between two
Member States (intra-EU BITs). The book focuses on the extent to
which the European Union operates as a Single Market for EU and
non-EU investors. In doing so, it analyses the EU and international
regulatory framework on the admission, treatment and protection of
FDI within, to and from the Single European Market. It uses close
jurisprudential analysis and examines the context, purpose and
evolution of EU legal integration in the field of FDI. It thereby
traces the principles underlying the European international
economic order in the field of FDI.
General
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